Vertical restraints in a contract
A) are generally illegal in the U.S.
B) usually benefit the firm that produces the raw inputs to the production process.
C) are used in vertical mergers.
D) can approximate the outcome of a vertical merger.
D
You might also like to view...
When gross investment is positive, net investment ________.
A. must be positive B. is always zero C. may be either positive or negative D. must be negative
Which of the following is not a property of a competitive equilibrium?
A) markets clear. B) consumers and firms optimize given market prices. C) the government budget constraint is satisfied. D) increasing total factor productivity.
List one specific policy that would shift the long-run Phillips curve to the right
Alissa is studying for her principles of economics exam. She tells her study partner that "Only a very small number of people ever get to become astronauts and go into space. Therefore space exploration is not a public good." Do you agree? Explain.
What will be an ideal response?