To Move the Allocation of Resources Closer to the Social

question 496

Multiple Choice

To move the allocation of resources closer to the social optimum, policymakers should typically try to induce firms in an oligopoly to

• A)collude with each other.
• B)form various degrees of cartels.
• C)compete rather than cooperate with each other.
• D)cooperate rather than compete with each other.

---

Definitions:

Reflex Arc

The neurological path that mediates a reflex action, involving at a minimum, a sensory neuron, a motor neuron, and usually an interneuron.

Integration Center

A region in the nervous system where information is processed and interpreted, often resulting in the initiation of a specific response.

Dorsal Root Ganglia

A cluster of nerve cell bodies (neurons) in the dorsal root of a spinal nerve.

Sensory Neurons

Nerve cells that transmit sensory information (sight, sound, feeling, etc.) towards the central nervous system.