Business

26 June, 08:02

The George Stigler quote, " ... the degree of 'market failure' for the American economy is much smaller than the 'political failure' arising from the imperfections of economic policies ... " illustrates the advantage of which type of public policy toward monopolies?

a. antitrust laws

b. regulation

c. public ownership

d. do nothing

+5

Answers (1)

Know the Answer?

Not Sure About the Answer?

Find an answer to your question 👍 “The George Stigler quote, " ... the degree of 'market failure' for the American economy is much smaller than the 'political failure' ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.

Search for Other Answers

You Might be Interested in

A researcher wants to study the relationship between salary and gender. She randomly selects 382 individuals and determines their salary and gender. Can the researcher conclude that salary and gender are dependent?

Identify the statement below that is correct: Multiple Choice A. The left side of a T-account is the credit side. B. Debits decrease asset and expense accounts, and increase liability, equity, and revenue accounts. C.

Rudy and his publisher require Katherine's expertise in writing a chapter of a book that will be published under Rudy's name. They sign a contract in which Katherine agrees to write the chapter.

What is required to conduct an investigation involving internet abuse?

The seaport town of New Monopoly has become extremely popular with shipping companies due to its superior location. The port has become so congested that ships must wait hours every day just to dock. This is an example of:1 - marginal analysis.

New Questions in Business

On January 1, 2016, Pharoah Corporation acquired machinery at a cost of $1560000. Pharoah adopted the straight-line method of depreciation for this machine and had been recording depreciation over an estimated life of 10 years, with no residual

Karan has been given the task to create the concept for an ad that shows the company's product as a solution to the customer's needs.

Aacsb 40. orono corporation manufactured inventory in the united states and sold the inventory to customers in canada. gross profit from the sale of the inventory was $300,000. title to the inventory passed fob: destination.

Which of the following statements is FALSE? Multiple ChoiceThe presence of a few dominant companies in an industry makes it more difficult for entrepreneurs to start a business in that sector.

Your younger sister needs $50 to buy a new bike. She has opened a lemonade stand to make the money she needs. Your mother is paying for all of the ingredients.