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NEW QUESTION: 1
Most economists in the United States seem captivated by spell of the free market. Consequently, nothing seems good or normal that does not accord with the requirements of the free market.
A price that is determined by the seller or for that matter, established by anyone other than the aggregate of consumers seems pernicious, accordingly, it requires a major act of will to think of price - fixing (the determination of prices by the seller) as both "normal" and having a valuable economic function. In fact, price-fixing is normal in all industrialized societies because the industrial system itself provides, as an effortless consequence of its own development, the price-fixing that requires, Modern industrial planning requires and rewards great size. Hence a comparatively small number of large firms will be competing for the same group of consumers. That each large firm will act with consideration of its own needs and thus avoid selling its products for more than its competitors charge is commonly recognized by advocates of free-markets economic theories. But each large firms will also act with full consideration of the needs that it has in common with the other large firms competing for the same customers. Each large firm will thus avoid significant price cutting, because price cutting would be prejudicial to the common interest in a stable demand for products. Most economists do not see price-fixing when it occurs because they expect it to be brought about by a number of explicit agreements among large firms; it is not.
More over those economists who argue that allowing the free market to operate without interference is the most efficient method of establishing prices have not considered the economies of non socialist countries other than the United States. These economies employ intentional price-fixing usually in an overt fashion.
Formal price fixing by cartel and informal price fixing by agreements covering the members of an industry are common place. Were there something peculiarly efficient about the free market and inefficient about price fixing, the countries that have avoided the first and used the second would have suffered drastically in their economic development. There is no indication that they have.
Socialist industry also works within a frame work of controlled prices. In early 1970's, the Soviet Union began to give firms and industries some of the flexibility in adjusting prices that a more informal evolution has accorded the capitalist system. Economists in the United States have hailed the change as a return to the free market. But Soviet firms are no more subject to prices established by free market over which they exercise little influenced than are capitalist firms.
With which of the following statements regarding the behavior of large firms in industrialized societies would the author be most likely to agree.
A. Many directors of large firms believe that the price charged for products is likely to increase annually.
B. The directors of large firms will strive to reduce the costs of their products.
C. The directors of large firms are less interested in achieving a predictable level of profit tan in achieving a large profit.
D. Many directors of large firms believe that the government should establish the prices that will be charged for products.
E. The directors of large firms will continue to anticipate the demand for products.
Answer: E
Explanation:
Explanation/Reference:
Explanation:

NEW QUESTION: 2
An engineer is installing an M1000e chassis and connecting it to the network in the top of rack (ToR) switch. The entire company's infrastructure is on a single subnet configured as follows.
- IPs 10.0.1.0/24
- Gateway 10.0.1.1
- DNS 10.0.1.3
- DHCP 10.0.1.4
- OS IPs 10.0.1.10-99
The engineer configures the CMC to use IP 10.0.1.100 and the iDRACs to use the next 16 IPs.
The customer notices the CMC and the iDRAC are having intermittent connectivity issues. The following troubleshooting steps have been completed:
- Replaced cables from CMCs to ToR
- Failed over CMC
- Configured and tried different ports in ToR
- Connected the laptop directly to the CMC
Direct connection to the CMC does NOT show any connectivity issues.
What should be done to fix the connectivity issues?
A. Configure a LAG for the CMCs ports to increase bandwidth
B. Register CMC and iDRAC host named in DNS
C. Create DHCP reservations for IP range 100-116
D. Separate the management network from the production network
Answer: B

NEW QUESTION: 3
Which of the following is Correct?
A. in 51 percent rule of comparative negligence, the plaintiff's acts must have contributed less than 50 percent of the situation in order to collect damages.
B. in 51 percent rule of comparative negligence, the plaintiff's acts must not have contributed less than 49 percent of the situation in order to collect damages.
C. in 51 percent rule of comparative negligence, the plaintiff's acts must not have contributed less than 51 percent of the situation in order to collect damages.
D. in 51 percent rule of comparative negligence, the plaintiff's acts must not have contributed less than 48 percent of the situation in order to collect damages.
Answer: D

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