Which of the following is not one of the four anti-competitive activities outlined in the Clayton Act?
a. Price discrimination.
b. Exclusive buyer/seller contracts.
c. Buying a competitor's voting stock.
d. Buying a competitor's plants and equipment.
e. Interlocking boards of directors.
d
You might also like to view...
Use the following graph for a perfectly competitive firm to answer the next question.
At its short-run equilibrium point, the firm's
A. marginal revenue equals its average variable cost. B. marginal cost equals its average fixed cost. C. marginal revenue equals its average total cost. D. marginal cost equals its average variable cost.
Which of the following things do banks do with the funds they acquire from savers?
A) invest in corporate stock B) invest in corporate bonds C) make loans to individuals D) all of the above
A new U.S. import quota on imported steel would be likely to:
A. raise the cost of production to steel-using American firms. B. generate tax revenue to the government. C. decrease U.S. production of steel. D. increase the production of steel-using American firms.
Under monopolistic competition, entry to the industry is:
A. completely free of barriers. B. more difficult than under pure competition but not nearly as difficult as under pure monopoly. C. more difficult than under pure monopoly. D. blocked.