The most important weakness of the Sherman Antitrust Act was that:

a. the Supreme Court refused to enforce it.
b. it wasn't specific about the types of acts which would violate the law.
c. it didn't outlaw restraints of trade.
d. it was too complicated.
e. it was too specific.


b

Economics

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Jed had an exam score of 50 percentage points. There is an extra credit assignment that Jed can complete that will raise his exam score by 20 percentage points. Jed has determined that the extra credit assignment will take 10 hours of his time

Jed will complete the assignment he values the A) 20 percentage points more than the 10 hours of his time. B) 10 hours of his time more than the 20 percentage points. C) 70 percentage points more than the 10 hours of his time. D) wants a higher score.

Economics

In 2008, Precision Pattern Interiors, which makes high-end aircraft interiors, began a $1 million renovation of a building at the Hutchinson Air Base Industrial Tract south of Yoder, Kansas

The company will also add some $400,000 in new equipment and triple its Yoder work force. Which of Precision Pattern Interiors' decisions is a short run decision? A) triple its Yoder work force B) $1 million renovation of a building at the Hutchinson Air Base Industrial Tract C) $400,000 in new equipment purchases D) All of these decisions are short run decisions.

Economics

Tying arrangements that lessen competition were made illegal by

A) the Sherman Anti-Trust Act. B) the Clayton Act. C) the Celler-Kefauver Act. D) the Robinson-Patman Act.

Economics

Which of the following was signed in the Kyoto Protocol?

A) the Framework Convention on Climate Change B) the Zero Greenhouse Gas Agreement C) the Treaty on Global Warming D) the Emission Trading Scheme

Economics