In the Standard Oil antitrust case in 1911, the Court ruled that the:
A. company had to be disbanded.
B. company was guilty of unfair business practices and therefore should be broken up.
C. company had a monopolistic structure and therefore should be broken up.
D. Sherman Antitrust Act did not apply.
Answer: B
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A. increase B. decrease C. first decrease then increase D. stay the same
Which of the following countries is a member of the Eurozone?
A) Sweden B) Finland C) Norway D) Switzerland
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A. provides greater product differentiation at the cost of some excess capacity. B. offers less product differentiation but attains equal productive efficiency. C. offers less product differentiation and lower productive efficiency. D. provides greater product differentiation and achieves greater productive efficiency.