This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: An important difference between a perfectly competitive firm and a monopolist is that a. the ... (Read 24 times)

Jramos095

  • Hero Member
  • *****
  • Posts: 528
on: Jun 30, 2018
An important difference between a perfectly competitive firm and a monopolist is that
 a. the perfectly competitive firm tends to be larger
  b. only the monopolist attempts to maximize profit
  c. only the perfectly competitive firm maximizes profit
  d. the perfectly competitive firm faces a horizontal demand curve and the monopolist faces a downward-sloping demand curve
  e. only the monopolist maximizes profit at the quantity where marginal cost equals marginal revenue

Question 2

Which of the following practices is not prohibited by the Clayton Act?
 a. merger through the acquisition of assets, which substantially lessens competition
  b. price discrimination that substantially lessens competition
  c. tying contracts that substantially lessen competition
  d. exclusive dealing that substantially lessens competition
  e. interlocking directorates that substantially lessen competition


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

1_Step_At_ATime

  • Sr. Member
  • ****
  • Posts: 342
Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

A


Jramos095

  • Member
  • Posts: 528
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

carlsona147

  • Member
  • Posts: 341
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

The first oral chemotherapy drug for colon cancer was approved by FDA in 2001.

Did you know?

Walt Disney helped combat malaria by making an animated film in 1943 called The Winged Scourge. This short film starred the seven dwarfs and taught children that mosquitos transmit malaria, which is a very bad disease. It advocated the killing of mosquitos to stop the disease.

Did you know?

Chronic necrotizing aspergillosis has a slowly progressive process that, unlike invasive aspergillosis, does not spread to other organ systems or the blood vessels. It most often affects middle-aged and elderly individuals, spreading to surrounding tissue in the lungs. The disease often does not respond to conventionally successful treatments, and requires individualized therapies in order to keep it from becoming life-threatening.

Did you know?

It is believed that humans initially contracted crabs from gorillas about 3 million years ago from either sleeping in gorilla nests or eating the apes.

Did you know?

The eye muscles are the most active muscles in the whole body. The external muscles that move the eyes are the strongest muscles in the human body for the job they have to do. They are 100 times more powerful than they need to be.

Positron emission tomography (PET) image showing the difference in the metabolic activity of the bra Positron emission tomography (PET) image showing the difference in the metabolic activity of the bra
The difference between mieosis and mitoses The difference between mieosis and mitoses
In 1891 William Dean Howells championed the poetry of Emily Dickinson: “This poetry is as characteri In 1891 William Dean Howells championed the poetry of Emily Dickinson: “This poetry is as characteri
Abdominal thrusts are delivered with a firm thrust into the patient’s abdomen with an upward ... Abdominal thrusts are delivered with a firm thrust into the patient’s abdomen with an upward ...
Healthy Eating Behaviors and Weight Gain Are Important Considerations during the Third Trimester Healthy Eating Behaviors and Weight Gain Are Important Considerations during the Third Trimester
Calculation of the Value of Depletion for the 14 Most Important Minerals Calculation of the Value of Depletion for the 14 Most Important Minerals
Video: Cognitive development by Piaget (Preoperational stage or intelligence)

For a complete list of videos, visit our video library