Some critics of antitrust are worried that some firms
a. will seek to increase competition to a dangerous level.
b. will collude in order to avoid the laws.
c. may use antitrust to prevent competition.
d. may go out of business from large damage awards.
c
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Marginal revenue is less than price for
A) all price searchers. B) all price takers. C) price searchers who can't restrict price reductions to the new purchases they want to attract. D) sellers who face inelastic demand curves.
The purpose of the IMF is to:
A. provide developing countries with short-term loans and technical assistance. B. determine monetary and fiscal policy in developing countries. C. determine exchange rates for developing countries. D. buy and sell the currencies of developing countries in order to stabilize their value.
In recent years, per capita energy use in developed countries such as the United States has:
A. Increased B. Decreased C. Leveled off D. Increased and then decreased
The concept of Pareto optimality is a
A) utopian concept. B) useful concept because it guarantees economic equality. C) useful concept because it defines economic efficiency. D) useful concept that carefully balances a society's desires for equality and efficiency.