Author Question: Under a rule of reason approach, which of the following would be legal in the United States? a. The ... (Read 17 times)

viki

  • Hero Member
  • *****
  • Posts: 525
Under a rule of reason approach, which of the following would be legal in the United States?
 a. The merger of two small companies in an unconcentrated market.
  b. Price fixing between IBM and Compaq.
  c. The merger between Ford and General Motors.
  d. Kellogg's and General Mills collude to drive Quaker Oats out of the business.
  e. Exxon Oil and Mobil Oil elect the same person to their boards of directors.

Question 2

One problem with fiat money, as compared to commodity money, is that:
 a. more resources are used to create fiat money.
 b. there is frequently too little fiat money available.
 c. there is a greater potential for inflation with fiat money.
 d. fiat money must be turned in to the government to receive the commodity on which it is based.
  e. fiat money is less divisible than commodity money.



Brenm

  • Sr. Member
  • ****
  • Posts: 359
Answer to Question 1

a

Answer to Question 2

c



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Egg cells are about the size of a grain of sand. They are formed inside of a female's ovaries before she is even born.

Did you know?

Not getting enough sleep can greatly weaken the immune system. Lack of sleep makes you more likely to catch a cold, or more difficult to fight off an infection.

Did you know?

The word drug comes from the Dutch word droog (meaning "dry"). For centuries, most drugs came from dried plants, hence the name.

Did you know?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

Did you know?

A seasonal flu vaccine is the best way to reduce the chances you will get seasonal influenza and spread it to others.

For a complete list of videos, visit our video library