The Clayton Act of 1914 was passed to prohibit, in part, price ...

[Metfan725]

The Clayton Act of 1914 was passed to prohibit, in part, price discrimination if the effect is to substantially lessen competition or create monopoly.
 
  Indicate whether the statement is true or false

Question 2

If Ben becomes less likely to buy smoke detectors after he has fire insurance, he is illustrating
 
  A) moral hazard.
  B) adverse selection.
  C) the lemon problem.
  D) the free rider problem.

[Heffejeff]

Answer to Question 1

TRUE

Answer to Question 2

A

[Metfan725]

Thanks for the timely response, appreciate it

[tranoy]

Great answer, keep it coming