Mergers that significantly impede effective competition are ________.
A) prohibited by both the United States and the European Union laws
B) prohibited by the European Union competition laws, but not the United States antitrust laws
C) prohibited by the United States antitrust laws, but not the European Union competition laws
D) generally legal in both the United States and the European Union
A) prohibited by both the United States and the European Union laws
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The total cost of producing one unit is $50. The total cost of producing two units is $75. At a production level of two units, the cost function exhibits
A) economies of scale. B) rising average costs. C) increasing marginal costs. D) constant returns to scale.
As this was happening the big financial institutions stopped buying subprime mortages
What will be an ideal response?
An "increase in the quantity supplied" suggests a
A. leftward shift of the supply curve. B. rightward shift of the supply curve. C. movement down and to the left along the supply curve. D. movement up and to the right along the supply curve.
(Consider This) An exception to the advice "go to college, stay in college, and earn a degree" occurs when:
A. tuition expenses are high and rising. B. the opportunity cost of attending college is extraordinarily high. C. the price of textbooks is high and rising. D. the economy is growing rapidly and jobs are plentiful.