Interlocking directorates are illegal under the Clayton Act only when their effect is to lessen competition substantially
a. True
b. False
Indicate whether the statement is true or false
False
You might also like to view...
In general, the larger the membership of a union the:
A. more power it has to keep wages above equilibrium. B. less power it has to keep wages above equilibrium. C. more likely the distribution of power within the organization will make it less effective. D. greater the chance that it abuses its power.
Positive statements can be checked, evaluated, or edited based on:
a. available evidence. b. personal choice. c. budget constraints. d. opportunity costs.
Which of the following statements is true?
A. Many different production processes can be technically efficient, but only the method that involves the lowest possible cost is economically efficient. B. Many different production processes can be economically efficient, but only the method that involves the lowest possible cost is technically efficient. C. There are many production processes that are both technically and economically efficient, but only one of these involves the lowest possible cost. D. There is only one production process that is technically efficient, and this process is also economically efficient.
If the price elasticity of demand is equal to zero and the price was to rise, the quantity demanded would:
A. decrease slightly. B. fall to zero. C. not change. D. increase.