The Sherman Antitrust Act of 1890
A. banned price discrimination.
B. made tying contracts illegal.
C. limited mergers that would substantially lessen competition or tend to create a monopoly.
D. made illegal every conspiracy in restraint of trade or commerce among the several states.
Answer: D
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When a foreign investor buys a bond issued in the United States,
A) the balance on the financial account increases. B) the balance of trade increases. C) the balance on the current account increases. D) the balance on the capital account increases.
Charging different prices to different consumers for the same product when the price differences are not due to differences in cost is called arbitrage
Indicate whether the statement is true or false
If a firm can create important complements to its original product, it has
a. Created an uncontrollable factor that can change the demand for its product b. Created an uncontrollable factor that cannot change the demand for its product c. Created a controllable factor that can change the demand for its product d. Created a controllable factor that cannot change the demand for its product
Suppose the marginal cost of dating Perry is $30 and the marginal benefit is worth $40 to you. Following economic reasoning, you should:
A. determine what your sunk costs are. B. date Perry. C. not date Perry. D. determine what your total benefits and total costs are.