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1063. Arrange the following sentences in the correct order. A. Such behaviour can make an apparently competitive market function less competitively than the number of firms suggests. B. Firms do not need an explicit agreement in order to react strategically to one another. C. In a market with a few large firms, each may avoid aggressive price cuts because rivals are likely to respond immediately. D. Competition analysis should therefore consider strategic interaction as well as simple firm counts.
1069. Arrange the following sentences in the correct order. A. If many institutions react simultaneously, however, the collective result can deepen the very crisis each was trying to escape. B. During financial stress, each bank may rationally try to hold more liquid assets and reduce lending. C. What is prudent for one institution can therefore become harmful when everyone behaves in the same way. D. Financial stability policy must consequently consider system-wide interactions, not only individual prudence.
1071. Arrange the following sentences in the correct order. A. The apparent success of the intervention may therefore partly reflect the unusually poor starting point. B. Programmes are sometimes introduced in locations selected precisely because conditions there are exceptionally bad. C. Even without intervention, some extreme conditions may naturally move closer to normal over time. D. Evaluation should consequently compare treated locations with appropriate controls facing similar initial conditions.
1074. Arrange the following sentences in the correct order. A. Consequently, policies based only on past behaviour may perform poorly once people understand how the policy works. B. People often change their behaviour when rules or incentives become predictable. C. A tax designed from historical spending patterns, for example, may alter those very spending patterns after introduction. D. Policy design should therefore anticipate strategic adaptation rather than assume behaviour will remain fixed.
1075. Arrange the following sentences in the correct order. A. This makes the apparent stability of the average misleading when the composition of the population changes. B. A country's average household size may remain unchanged even while important demographic shifts are occurring. C. Some regions may experience smaller families while others see an increase in multigenerational households. D. Demographic analysis should therefore examine subgroup patterns rather than rely only on a national mean.

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