Antitrust laws attempt to
A) support prices at high levels so firms can earn profits.
B) establish minimum wages.
C) prevent monopolies or collusion.
D) enforce fair trade laws.
C
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Total utility will be at its maximum when
A. marginal utility is negative. B. marginal utility is positive. C. marginal utility is maximized. D. marginal utility is zero.
Lower marginal tax rates facilitate a higher return to innovative and risk-taking behavior
a. True b. False
If a monopoly is operating on the demand curve where price elasticity is equal to -3, and MR equals 2, then price is equal to
A) 3. B) 2. C) 1. D) 0.
Demand deposits $300 million Time deposits: Original maturity (less than 18 months): $200 million Original maturity (over 18 months): $400 million Use the information above to find the bank's required reserves.
What will be an ideal response?