This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Why does our government enforce antitrust legislation? A) because monopolies are known to be ... (Read 109 times)

Diane

  • Hero Member
  • *****
  • Posts: 576
on: Jun 29, 2018
Why does our government enforce antitrust legislation?
 
  A) because monopolies are known to be unfair to their stockholders
  B) because monopolies are known to be unfair to their employees
  C) because the government wants to create competition in markets in the interests of promoting efficiency
  D) because the government wants to create competition in markets in the interests of promoting an equal distribution of income

Question 2

If regulators force a natural monopoly to price as a perfectly competitive firm would, the natural monopolist
 
  A) will earn higher economic profits.
  B) will earn an economic loss.
  C) will expand its output.
  D) will experience a rise in long-term average costs.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

bob

  • Sr. Member
  • ****
  • Posts: 343
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

B


Diane

  • Hero Member
  • *****
  • Posts: 576
Reply #2 on: Jun 29, 2018
Thank you :)


bob

  • Sr. Member
  • ****
  • Posts: 343
Reply #3 on: Jun 29, 2018
Happy to help you


« previous next »
 

Did you know?

The Centers for Disease Control and Prevention (CDC) was originally known as the Communicable Disease Center, which was formed to fight malaria. It was originally headquartered in Atlanta, Georgia, since the Southern states faced the worst threat from malaria.

Did you know?

Patients who have undergone chemotherapy for the treatment of cancer often complain of a lack of mental focus; memory loss; and a general diminution in abilities such as multitasking, attention span, and general mental agility.

Did you know?

Lower drug doses for elderly patients should be used first, with titrations of the dose as tolerated to prevent unwanted drug-related pharmacodynamic effects.

Did you know?

Bisphosphonates were first developed in the nineteenth century. They were first investigated for use in disorders of bone metabolism in the 1960s. They are now used clinically for the treatment of osteoporosis, Paget's disease, bone metastasis, multiple myeloma, and other conditions that feature bone fragility.

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

The world has been horrified recently at a U.S. Congress so polarized and paralyzed that it cannot p The world has been horrified recently at a U.S. Congress so polarized and paralyzed that it cannot p
This chart shows the various lines of responsibility and how they differ in presidential and parliam This chart shows the various lines of responsibility and how they differ in presidential and parliam
In 2013, Americans learned that the federal government massively surveys their phone calls and e-mai In 2013, Americans learned that the federal government massively surveys their phone calls and e-mai
The world attempted to deal with Somalia as if it were a real country but painfully learned that Som The world attempted to deal with Somalia as if it were a real country but painfully learned that Som
Growth of Government Spending, 1870–2009 Growth of Government Spending, 1870–2009
Government By the People, 2016 Presidential Election, 26th Edition Government By the People, 2016 Presidential Election, 26th Edition
Video: Neurosynapse Animation

For a complete list of videos, visit our video library