Under U.S. antitrust law, a consent decree allows a firm to
a. admit to an antitrust violation without penalty
b. admit to an antitrust violation without a lawsuit
c. challenge the government's accusation in court
d. cease the alleged wrongdoing without admitting guilt
e. cease the alleged wrongdoing only by admitting guilt
D
You might also like to view...
The marginal propensity to consume (MPC) is typically
a. less than zero or greater than 1.0 b. equal to zero c. equal to 1.0 d. between -1.0 and 1.0 e. between zero and 1.0
Ellie and John sell pizzas in a small town. Ellie is willing to sell 14 pizzas when the price is $10 per pizza, but only 13 pizzas when the price is $8 per pizza. John, on the other hand, is willing to sell 19 pizzas when the price per pizza is $10, but only 17 pizzas when the price is $6 per pizza. At $10 per pizza, the market quantity supplied is equal to _____
a. 31 b. 32 c. 33 d. 29
In September 2010, the NBER's Business Cycle Dating Committee decided that the recession that began in December of 2007 had ended and that the lowest point of production was July of 2009. The NBER does not use a popular definition of recession-two quarters of falling GDP-but looks at a variety of monthly statistics to date business cycles.What is the NBER?
A. National Board of Economic Recovery, part of the Department of Commerce B. National Budget Estimation Review, part of the Congressional Budget Office C. National Business Education Roundtable, part of the Federal Reserve D. National Bureau of Economic Research, a nonprofit, private organization
Landon demands more sushi as his income increases. From this we can conclude that, for Landon:
A. sushi is a normal good. B. sushi is an inferior good. C. sushi is a complementary good. D. sushi is a substitute good.