The main goal of antitrust policy is to
A) encourage firms to produce at the MR = demand level.
B) regulate natural monopolies.
C) prevent the monopolization of industries.
D) prevent the nationalization of industries.
Answer: C) prevent the monopolization of industries.
You might also like to view...
Which of the following tools cannot be used by the government to maintain a fixed exchange rate?
A. rationing of foreign exchange B. currency market intervention C. controlling the flow of trade through various barriers D. keeping its level of international reserves strictly fixed
A country's balance of payments accounts record
A) the country's net indebtedness to foreigners. B) its international trading, borrowing, and lending. C) the flow of human and nonhuman resources between it and its trading partners. D) only its official transactions with other governments.
If market supply decreases and, simultaneously, market demand increases, the new equilibrium will show:
a. market price will decrease, and market quantity exchanged will increase. b. market price will increase, and market quantity exchanged will decrease. c. market price will increase, and the quantity exchanged could increase, decrease, or remain the same. d. market price could increase, decrease, or remain the same, and quantity exchanged will increase. e. market price will increase, decrease, or remain the same, and quantity exchanged will decrease.
What is a company doing if it requires customers to buy multiple products from that company to obtain the one product that the customer truly wants?
(A) Practicing predatory pricing. (B) Working around antitrust laws to gain control over the market. (C) Engaging in nonprice competition. (D) Using deregulation.