Which of the following prohibits price discrimination, certain types of mergers, and interlocking boards of directors among competing companies?
A. The Full Employment and Balanced Growth Act.
B. The Federal Trade Commission Act.
C. The Clayton Act.
D. The Sherman Act.
Answer: C
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In the United States
a. only those who have made previous contributions to the program are entitled to receive the benefits of social insurance programs b. anyone with children is entitled to receive the benefits of social insurance programs c. anyone over 65 is eligible to receive the benefits of social insurance programs d. all taxpayers are eligible to receive the benefits of social insurance programs e. all poor families with children are eligible to receive the benefits of social insurance programs
An export subsidy is a payment by the government to exporters to permit them to charge lower prices
a. True b. False Indicate whether the statement is true or false
The demand for dollars in the foreign exchange market
A. Depends on U.S. demand for foreign goods and services. B. Depends in part on the foreign demand for U.S. goods. C. Is represented by a point in a diagram of foreign exchange supply and demand. D. Is the ratio of the dollars demanded to the amount of foreign currency supplied.
Empirical studies conclude that advertising
A) raises prices in all markets. B) can reduce the prices of many goods. C) reduces the prices on all goods. D) has no impact on prices.