What is the Celler-Kefauver Act?
What will be an ideal response?
The Celler-Kefauver Act was passed in 1950 and extended the government's authority to ban vertical and conglomerate mergers.
You might also like to view...
An arrangement that allows buyers and sellers to exchange things is called:
A. a contract. B. a market. C. money. D. efficient.
The opportunity cost of more consumption of goods today is
A. fewer capital goods in the future. B. more capital goods today. C. lower consumption of goods in the future. D. more unemployment both today and in the future.
One of the results of the limit on bank branching was:
A. curtailment of credit availability for borrowers in small towns. B. lower profits for banks. C. increased efficiency in the operations of banks. D. increased diversification in the loan portfolio of small banks.
Refer to the information provided in Figure 16.3 below to answer the question(s) that follow. 
Figure 16.3Refer to Figure 16.3. At 15 units of output there are external ________ per unit.
A. costs of $0 B. costs of $6 C. benefits of $2 D. benefits of $8