Between 1990 and 1999 car ownership per thousand of the population fell in ?

A. spain
B. belgium
C. usa
D. uk

The external benefits of using cars are ____ and the external costs are _____?

A. low; low
B. high; high
C. low; high
D. high; low

Antimonopoly laws are based on the proposition that ?

A. increasing market power is the best way to achieve efficiency.
B. competition is the best way to achieve efficiency.
C. public ownership is the best way to achieve efficiency
D. regulation is the best way to achieve efficiency.

A conglomerate merger is a merger of ?

A. firms producing the same product
B. firms at various stages in production process.
C. firm producing complementary products
D. firms producing unrelated products.

Sales staff are keen to sell extended warranties because ?

A. extended warranties offer value for money.
B. the cost of repair will usually exceed the cost of the warranty
C. they are paid commission on each extended warranty they sell.
D. they are concerned about customer satisfaction.

In the UK, electricity industry parts are a ____ and other parts are ___ ?

A. nationalized; privatized
B. natural monopoly; potentially competitive
C. cartel; a sellers’ market
D. monopolistic competition duopoly

Supporters of antimonopoly enforcement argue that the real gain from such enforcement ?

A. is that if encourages firms to engage in research which leads to new products
B. is the revenue generated from the fines paid by those individuals who are found guilty of antitrust violation?
C. is that this policy serves to deter firms from engaging in such practices as collusion, price-fixing and deceptive advertising
D. is that it forces firms to produce efficiently.

A horizontal merger is a merger of?

A. firms producing unrelated products
B. firms producing complementary products
C. firms at various stages in a production process.
D. firms producing the same product

A merger between a paper producer and a book publisher is an example of?

A. a conglomerate merger.
B. a horizontal merger
C. a complementary products merger.
D. a vertical merger

A merger in which firms at various stages in a production process combine is a ?

A. production merger
B. vertical merger
C. conglomerate merger.
D. horizontal merger