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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.
It can be inferred from the author's argument that a price fixed by the seller "seems pernicious" because
A. most economists associate fixed prices with communist and socialist economies.
B. most economists believe that consumers as a group should determine prices.
C. Most economists believe that no one group should determine prices.
D. people do not have confidence in large firms
E. people do not expect the government to regulate prices
Answer: B
Explanation:
Explanation/Reference:
Explanation:
NEW QUESTION: 2
Universal Containers has a large volume of Contact data going into Salesforce.com. There are 100,000 existing contact records. 200,000 new contacts will be loaded. The Contact object has an external ID field that is unique and must be populated for all existing records.
What should the architect recommend to reduce data load processing time?
A. Delete all existing records, and then load all records together via the Insert operation.
B. Load all records via the Upsert operation to determine new records vs. existing records.
C. Load new records via the Insert operation and existing records via the Update operation.
D. Load Contact records together using the Streaming API via the Upsert operation.
Answer: C
NEW QUESTION: 3
Certificates are used for: (Choose two.)
A. Access control lists.
B. Password hashing.
C. Client authentication.
D. Code signing.
E. WEP encryption.
Answer: C,D
Explanation:
Section: Compliance and Operational Security
Explanation/Reference:
Explanation:
Certificates are used in PKI to digitally sign data, information, files, email, code, etc. Certificates are also
used in PKI for client authentication.
NEW QUESTION: 4
A. Option A
B. Option D
C. Option B
D. Option C
Answer: C
Explanation:
To communicate with the worker role, a web role instance places messages on to a queue. A worker role instance polls the queue for new messages, retrieves them, and processes them. There are a couple of important things to know about the way the queue service works in Azure. First, you reference a queue by name, and multiple role instances can share a single queue. Second, there is no concept of a typed message; you construct a message from either a string or a byte array. An individual message can be no more than 64 kilobytes (KB) in size.
References:
https://msdn.microsoft.com/en-gb/library/ff803365.aspx
http://azure.microsoft.com/en-gb/documentation/articles/cloud-services-dotnet-multi-tier-app-using- service-bus-queues/