There Has Been a Trend Toward Less Government Regulation and Ownership

question 23

Multiple Choice

There has been a trend toward less government regulation and ownership in oligopolistic industries in most industrialized countries since the 1980s.One reason for this is

• A)policymakers came to understand that many oligopolistic firms were operating at their minimum efficient scale,thereby producing an efficient outcome.
• B)policymakers came to understand that many oligopolistic firms were producing output levels that resulted in allocative efficiency.
• C)policymakers realized that they did not have effective tools for promoting efficiency.
• D)Canada's Competition Bureau,and similar agencies in other countries were so successful at promoting competition that such regulation is no longer required.
• E)domestic firms are now exposed to more international competition due to falling transportation and communication costs.

Know how to insert footers, headers, and utilize print features in Excel.

Grasp conditional formatting concepts and applications.

Understand worksheet manipulation techniques including copying and renaming worksheets.

Identify the procedure to resize and manipulate images within Excel worksheets.

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Definitions:

Equity Method

An accounting technique used to record investments in other companies, where the investment is shown as an asset and changes in the investment's value are reflected in profits or losses.

Goodwill

An intangible asset that represents the excess of the purchase price over the fair market value of acquired net assets during a business acquisition.

Initial Value Method

An accounting approach where investments are recorded at their purchase cost without adjustment for changes in market value.

Noncontrolling Interest

A share in the equity of a subsidiary not owned by the parent company, also known as minority interest, reflecting ownership that does not have controlling power.