After an increase in demand in a constant-cost industry, firms will find themselves with higher average cost curves
Indicate whether the statement is true or false
FALSE
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Grace has just eaten a slice of pizza and says it gave her a utility of 8. If she chooses to eat a second slice:
A. she will experience a drop in total utility. B. she is not acting rationally. C. she will experience an increase in total utility. D. None of these is true.
The Celler-Kefauver Act strengthened the nation's antitrust approach to merger enforcement by
a. making all mergers illegal b. making all conglomerate mergers illegal c. creating the Federal Trade Commission d. providing HHI guidelines the government could use to clarify antitrust enforcement e. amending the Clayton Act to include the purchase of assets of another company as a potential antitrust violation
Quick Buck and Pushy Sales produce and sell identical products and face zero marginal and average cost. Below is the market demand curve for their product. 
Suppose Quick Buck and Pushy Sales decide to collude and work together as a monopolist with each firm producing half the quantity demanded by the market at the monopoly price. If Quick Buck cheats by reducing its price to $1 and Pushy Sales matches the price cut, then if consumers are evenly split between the two firms, what will be Quick Buck's economic profit?
A. $3,000 B. $1,000 C. $2,000 D. $1,500
Computing capacity has approximately:
A. tripled every three years since the invention of computers. B. doubled every five years since the invention of computers. C. tripled every two years since the invention of computers. D. doubled every two years since the invention of computers.