Under a per se approach to the antitrust laws,
a. the government must prove some anticompetitive outcome from the act
b. large size alone can be an antitrust violation
c. the action will pass antitrust scrutiny if it is shown to be reasonable
d. the only real question is whether the prices charged are reasonable
e. the courts have ruled antitrust laws unconstitutional
B
You might also like to view...
Firms can make decisions using marginal analysis even if they do not know the shape of a demand curve.
Answer the following statement true (T) or false (F)
The classical school of thought believed that ______.
a. Say’s law was incorrect b. Keynes’s macroeconomic model was correct c. an economy can experience prolonged unemployment d. wages and prices adjust quickly to changes in supply and demand
If users can benefit from conservation, resources will be:
A. Not be profitable B. Extracted at a fast rate C. Preserved for future use D. Overused in the present and the future
To "accommodate" an expansionary fiscal policy, the Fed ________ the money supply in order to hold ________ constant
A) expands, the interest rate B) expands, real income C) contracts, the interest rate D) contracts, real income