The Clayton Act prohibited
A) any merger if its effect was to substantially lessen competition or create a monopoly.
B) all horizontal mergers.
C) all vertical mergers.
D) all conglomerate mergers.
Question 2
Why might a producer practice price discrimination?
A) to maximize profits
B) to maximize quantity demanded
C) to make its products more affordable to those with low incomes
D) to maximize economic efficiency
