Since the 1980s, the Congressional budget has allocated substantial funds to antitrust investigation and enforcement, which is why the Antitrust Division of the Department of Justice is one of the most vigorous agencies of government today
Indicate whether the statement is true or false
F
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When buying a car from a commission salesman you improve your bargaining position by
a. shopping when the new model year cars have just arrived b. shopping when the showroom is full of customers c. shopping when the car lot has very few cars left unsold d. shopping toward the end of the month
Which of the following items is likely to have the highest positive income elasticity of demand?
a. Bread b. Jewelry c. Soap d. A plumber's service e. Table salt
A decrease in the productivity of labor will shift the demand curve for labor to the left, other things being equal
a. True b. False Indicate whether the statement is true or false
Which of the following would increase the supply of laptop computers?
A. Higher wage rates for the workers that produce laptop computers. B. A technological improvement that lowers the cost of producing laptop computers. C. An increase in the price of computer chips used to produce laptop computers. D. An increase in the price of laptop computers.