The statement "Every contract, combination in the form of a trust or otherwise, or conspiracy, in restraint of trade or commerce . . ." is found in the

A) Sherman Antitrust Act.
B) Clayton Antitrust Act.
C) Robinson-Patman Act.
D) Interstate Commerce Commission Act.


A

Economics

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Which of the following shifts the demand curve for movie downloads rightward?

A) a decrease in the price of downloading a movie B) a 10 percent increase in people's income if movie downloads are a normal good C) a decrease in the price of cable television service D) an increase in the quantity and quality of programming included in the basic cable television service package

Economics

Quantitative forecasting that projects past data without explaining the reasons for future trends is called

A) scientific forecasting. B) dumb forecasting. C) empirical forecasting. D) naïve forecasting.

Economics

Which of the following is true of earnings from land?

a. An increase in economic rent leads to an increase in the supply of land. b. A decrease in transfer earnings from land leads to an increase in its demand. c. An increase in economic rent does not lead to an increase in the supply of land. d. A decrease in transfer earnings from land leads to a decrease in its supply. e. An increase in economic rent raises the elasticity of supply of land.

Economics

Adverse selection and moral hazard are not problems associated with market transaction

Indicate whether the statement is true or false

Economics