The government was successful in gaining an antitrust conviction in the:
A. U.S. Steel case.
B. IBM case.
C. Alcoa case.
D. DuPont cellophane case.
Answer: C
You might also like to view...
Consumer choice theory predicts that, with identical consumers, pay-as-you-go social security
A) always makes all generations worse off. B) makes some generations better off, and cannot make any generation worse off. C) may make some generations worse off and cannot make any generation better off. D) may be Pareto improving.
Tommy’s Tie Company, a monopolist, has the following cost and revenue information. Assume that Tommy’s is able to engage in perfect price discrimination.
Refer to Table 15-21. If the monopolist can engage in perfect price discrimination, what is the marginal revenue from selling the 5th tie?
a. $80
b. $100
c. $110
d. $120
An increase in the marginal benefit arising from a specialized investment will cause the optimal contract length to:
A. increase. B. decrease. C. either increase or decrease. D. remain constant.
Refer to the given data. The domestic opportunity cost of producing 1 ton of steel in Alpha is:
A. ½ ton of wheat.
B. 1 ton of wheat.
C. 15 tons of wheat.
D. 30 tons of wheat.