The Standard Oil trust
A. behaved "badly" according to the Supreme Court.
B. was broken up in 1890.
C. was forced by the Supreme Court to give payments on every shipment of oil it refined to its rivals.
D. was a multinational corporation.
A. behaved "badly" according to the Supreme Court.
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Which of the following is a characteristic of the monopolistic competition market structure?
a. Many firms and a homogeneous product. b. Few firms and differentiated products. c. Few firms and similar products. d. Few firms and a homogeneous product. e. Many firms and differentiated products.
What is the common method of financing a budget deficit?
In 2013, new bond issues and other forms of debt totaled ____ in corporate financing
a. $650 billion b. $783 tillion c. $1 trillion d. ?$2 billion
If marginal cost is between average variable cost and average total cost, then
A. both average variable cost and average total cost are decreasing. B. both average variable cost and average total cost are increasing. C. average variable cost is decreasing and average total cost is increasing. D. average variable cost is increasing and average total cost is decreasing.