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Sec 15.5 MC Public Policy Toward Monopolies

Sec 15.5 MC Public Policy Toward Monopolies

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时间：2019-09-20

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1、1. Whichofthefollowingisthepreferredstrategyforthegovernmenttofollowtoremedytheinefficientallocationofresourcesassociatedwithmonopolies? a. preventingmergersthroughantitrustlaws b. regulatingthepricesthatmonopoliescancharge c. doingnothing d. Noneoftheabovestrategiesisp

2、referred.Eachisaviablestrategy.ANSWER:  dDIFFICULTY:  ModerateLEARNING OBJECTIVES:  ECON.MANK.209-Givenascenario,determinethebestpolicytoaddressthepresenceofamonopoly.TOPICS:  MonopoliesKEYWORDS:  BLOOM'S:ApplicationCUSTOM ID:  001.15.5-MC-MANK082. Whichofthefollowingst

3、atementsisnotcorrect? a. Thegovernmentmayuseantitrustlawstobreakupanexistingcompanytoimprovecompetition. b. Thegovernmentmaybreakupanaturalmonopolytolowerthepricechargedtocustomers. c. Privateownershipistypicallypreferredtopublicownership. d. Sometimesthebeststrategyisf

4、orthegovernmenttodonothingaboutmonopolyinefficiencybecausethe“fix”maybeworsethantheproblem.ANSWER:  bDIFFICULTY:  ModerateLEARNING OBJECTIVES:  ECON.MANK.003-Analyzethebehaviorandmarketeffectsofmonopolies.TOPICS:  MonopoliesKEYWORDS:  BLOOM'S:ApplicationCUSTOM ID:  002.

5、15.5-MC-MANK083. Whichofthefollowingstatementsisnotcorrect? a. Thegovernmentmayuseantitrustlawstopreventamergerifthegovernmentbelievesthemergerwillreducecompetitionandincreaseprices. b. Byregulatinganaturalmonopolywherepriceequalsaveragetotalcost,themonopolyearnszeropro

6、fits. c. Anadvantageofprivateownershipoverpublicownershipisthatprivatebusinessownerstendtofireinefficientmanagers. d. Thegovernmentshouldalwaysintervenetoimprovemonopolyinefficiency.ANSWER:  dDIFFICULTY:  ModerateLEARNING OBJECTIVES:  ECON.MANK.003-Analyzethebehaviorand

7、marketeffectsofmonopolies.TOPICS:  MonopoliesKEYWORDS:  BLOOM'S:ApplicationCUSTOM ID:  003.15.5-MC-MANK084. Whichofthefollowinggovernmentalactionswouldeliminatesomeoralloftheinefficiencythatresultsfrommonopolypricing?Thegovernmentcould a. regulatethemonopoly. b. prohibi

8、tedthemonopolyfrompricediscriminating. c. forcethemonopolytooperateatapointwhereitsmarginalrevenueisequaltoits

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