Which of the following is used as an antitrust tool that focuses on the structure of industry?
A. Prohibiting mergers and acquisitions.
B. Price regulation.
C. Profit regulation.
D. Forbidding business practices such as advertising.
Answer: A
You might also like to view...
A system of laws and courts generates positive externalities because
A) only governments are capable of creating such systems. B) people cannot choose whether or not to obey the law. C) people who disobey the law benefit from the existence and enforcement of rules applicable to all. D) such a system could not exist without the approval of a majority.
A monopolist maximizes profit by producing the quantity at which MC = MR, just like a perfect competitor
a. True b. False Indicate whether the statement is true or false
If nation A has an absolute advantage over nation B in the production of a product, this implies that:
A. it requires fewer resources in A to produce the good than in B. B. the cost of producing the good in terms of some other good's production that must be sacrificed is lower in A than in B. C. nation B could not benefit by engaging in trade with A. D. nation A could not benefit by engaging in trade with B.
If the Fed orders a contractionary monetary policy, describe what will happen to the following variables relative to what would have happened without the policy:
a. The money supply b. Interest rates c. Investment d. Consumption e. Net Exports f. The aggregate demand curve g. Real GDP h. The price level