Which of the Following Is NOT True

question 44

Multiple Choice

Which of the following is NOT true?

• A) During the years of PRI dominance, only in rare cases did the president select nonparty members to serve in the cabinet.
• B) During the period of PRI dominance, the president exclusively selected his cabinet in a way that reflected not his personal choices but rather the need to maintain the balance of power between various groups in the party.
• C) Few women have been selected for ministry-level posts.
• D) During the period of PRI dominance, the president generally appointed those with whom he had worked closely over the years.
• E) Although Fox preferred technocrats with little political experience, Calderón filled his cabinet with long-time members of the PAN who have a longer history of political engagement.

Analyze the strategic decisions firms must make in oligopolistic markets, including collusion, cheating in cartels, and price setting.

Understand the concepts of cartel formation and the implications of cheating within a cartel in duopoly markets.

Identify different market structures, including duopoly, monopoly, monopsony, and monopolistic competition.

Analyze the effects of marginal cost and fixed cost on production and pricing in duopoly contexts.

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Definitions:

Bond Discount

The contrast in value between what a bond is worth in terms of its face value and the lesser amount it is sold for in the market.

Interest Method

A method used in finance to calculate the interest portion of a payment or the return on an investment over a period of time.

Semiannual Interest

Interest that is both computed and disbursed semi-annually on an investment or loan.

Bond Discount

The financial disparity that occurs when a bond is sold for an amount below its stated face value, comparing its selling price to its face value.