Specific business practices such as price discrimination are prohibited by the:
A. Clayton Act of 1914.
B. Sherman Act of 1890.
C. Federal Trade Commission Act of 1914.
A. Clayton Act of 1914.
You might also like to view...
By offering training to workers whose firms laid them off because of competition from foreign firms, the federal government is attempting to reduce
A) unnatural unemployment. B) frictional unemployment. C) structural unemployment. D) cyclical unemployment. E) seasonal unemployment.
When the price of gas goes down and the demand for tires goes up, a likely possibility is that tires and gas are:
What will be an ideal response?
Which of the following is an expected effect of a tariff or a nontariff barrier (NTB) on a product?
A. An increase in domestic consumption of the imported product B. A decrease in the domestic production of the product C. An increase in the employment of labor and other resources used in the import-competing industry in the tariff-imposing country D. A decrease in government revenue
A black market
A. was created when after hours trading was permitted on some stock exchanges. B. is a market where products with outdated expiration dates are sold. C. can arise when government imposes a price floor below the market clearing price. D. can arise when government imposes a price ceiling below the market clearing price.