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Author Question: Unlike firms in a perfectly competitive industry, monopolists have control over a. the price they ... (Read 26 times)

kellyjaisingh

  • Hero Member
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  • Posts: 540
on: Jun 30, 2018
Unlike firms in a perfectly competitive industry, monopolists have control over
 a. the price they charge for the product
  b. the quantity of output they produce
  c. the prices they pay for resources
  d. the quantities of various resources which are used
  e. improvements in technology

Question 2

Which law was passed to outlaw certain practices not prohibited by the Sherman Antitrust Act?
 a. the Clayton Act
  b. the Smoot-Hawley Act
  c. the Celler-Kefauver Anti-Merger Act
  d. the Wheeler-Lea Act
  e. the Federal Trade Commission Act


Jayson

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  • Posts: 350
Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

A


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