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Author Question: Under U.S. antitrust law, a consent decree allows a firm to a. admit to an antitrust violation ... (Read 50 times)

Brittanyd9008

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on: Jun 30, 2018
Under U.S. antitrust law, a consent decree allows a firm to
 a. admit to an antitrust violation without penalty
  b. admit to an antitrust violation without a lawsuit
  c. challenge the government's accusation in court
  d. cease the alleged wrongdoing without admitting guilt
  e. cease the alleged wrongdoing only by admitting guilt

Question 2

Tim Tupper's term paper-typing business is a perfectly competitive firm in long-run equilibrium. Which of the following does not describes the firm's situation?
 a. It will be minimizing average total cost.
  b. It will be charging a price equal to marginal cost.
  c. It will be charging a price equal to average total cost.
  d. It will be earning a normal profit.
  e. Entrepreneurs outside the industry will be eager to enter.


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kaylee05

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Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

E


Brittanyd9008

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

aliotak

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Reply 3 on: Yesterday
Excellent

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