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NEW QUESTION: 1
A. Option A
B. Option B
C. Option D
D. Option C
Answer: A
NEW QUESTION: 2
Suppose a fully employed economy had only two industries, one a monopoly and the other competitive.
Assuming there are no economies of large-scale production, government action to break the monopoly into many competitive firms would lead to a(n)
A. increase in output for both industries.
B. decrease in output in the monopolized industry and an increase in output in the competitive industry.
C. increase in output in the monopolized industry and a decrease in output in the competitive industry.
Answer: C
Explanation:
Since breaking up the monopoly in which there are no economies of scale would increase output and lower prices, resources would have to be diverted from the competitive industry. Thus, the increased output in the former monopoly would come at the expense of the competitive output. This is because a fully employed economy has no slack resources. Therefore, the increased usage of factors of production in the former monopoly must come from the competitive industry. So the output in the competitive industry would fall.
NEW QUESTION: 3
An engineer is deciding what BFD implementation would be most appropriate for a legacy and unstable Packet Over SONET link. Which solution should be suggested?
A. aggressive timers with a very high multiplier
B. slow timers withthe lowest possible multiplier
C. aggressive timers with the lowest possible multiplier
D. averages of a sequence of ping test response times to the remote peer
Answer: C
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