The initial proposed remedy for Microsoft violations of antitrust laws in the 2000 ruling from a Federal District Court was to:
A. Fine the company $100 million
B. Give software codes to Microsoft competitors
C. Split Microsoft into two companies
D. Apply the legal cartel theory of regulation to Microsoft
C. Split Microsoft into two companies
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Based on the figure below. Starting from long-run equilibrium at point C, a tax increase that decreases aggregate demand from AD1 to AD will lead to a short-run equilibrium at point ________ and eventually to a long-run equilibrium at point ________, if left to self-correcting tendencies.
A. D; C B. D; B C. A; B D. B; C
If a firm anticipates that it is at a risk of being held up, it is more likely to
a. forgo the transaction completely b. merge with its trading partner c. exchange "hostages" d. All the above
The primary objective of a for-profit firm is to ___________
a. maximize agency costs b. minimize average cost c. maximize total revenue d. set output where total revenue equals total cost e. maximize shareholder value
Compare the monetary policy of the 50 states that make up the United States to the exchange rate regime of dollarization.
What will be an ideal response?