In which of the following cases did the government break up a monopoly?
A. Staples/Office Depot
B. Interstate Bakeries and Continental Bakery
C. Xidex
D. AT&T
Answer: D
You might also like to view...
In order for a patent to be considered useful, it must meet which of the two criteria?
A) It serves some minimal human need and has a downward sloping demand curve. B) It works as intended and serves some minimal human need. C) It minimally works as intended. D) It works as intended and has downward sloping demand curve.
If the marginal productivity of labor was the sole determinant of household income in the U.S., then
a. no households would be poor according to the official government definition of poverty b. no households would be poor according to a relative definition of poverty c. the distribution of income would be unequal d. every household would have sufficient income to meet biological needs e. there would be no need for government programs to redistribute income
"More productive workers receive higher wages than less productive workers." This observation is a major flaw in which of the following arguments for protectionism?
a. The infant industry argument. b. The national security argument. c. The employment argument. d. The cheap foreign labor argument.
An increase in productivity will:
a. Increase aggregate demand b. Increase aggregate supply c. Decrease aggregate supply and aggregate demand d. Increase aggregate supply and aggregate demand