Antitrust laws
a. prevent firms from maximizing profits.
b. allow the government to prevent mergers, even ones that would benefit consumers.
c. require the government to measure both the benefits and costs of a potential merger.
d. All of the above are correct.
b
You might also like to view...
Today, the United States charges an average tariff rate
A) which is greater than any other high-income country. B) that is more than its average tariff rate in 1930. C) of less than 1.5 percent. D) that exceeds 50 percent.
The graph shown demonstrates a tax on buyers. Who bears the greater tax incidence?
A. The seller
B. The buyer
C. The government
D. The incidence is equally shared between buyer and seller
Which of the following is the fundamental resource that is the basis of labor?
a. capital b. natural resources c. time d. money e. entrepreneurial ability
The price of one country's currency in terms of another's is called
a. the interest rate. b. the inflationary premium. c. the discount rate. d. the exchange rate.