Output per worker tends to be higher in countries with
A) low-quality infrastructures
B) high-quality infrastructures
C) perfectly competitive labor markets
D) low taxes
E) free riders
Correct Answer:
Verified
Q8: Antitrust law
A)protects consumers from fraud or similar
Q9: Price-fixing agreements among competing firms are a
Q10: Economies with poorly defined property rights are
Q11: Disputes over resource ownership are the domain
Q12: An economic benefit of contracts is that
Q14: Contracts reduce the level of specialization in
Q15: One way in which antitrust law fosters
Q16: An economic function of criminal law is
Q17: Robbery reduces economic efficiency by
A)creating voluntary exchanges
B)decreasing
Q18: The Sherman Antitrust Act prohibits price fixing
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