« previous next »

Author Question: The Sherman Antitrust Act of 1890 a. immediately reduced the number of trusts and the incidence of ... (Read 25 times)

EAugust

  • Hero Member
  • *****
  • Posts: 550
on: Jun 30, 2018
The Sherman Antitrust Act of 1890
 a. immediately reduced the number of trusts and the incidence of anticompetitive behavior
  b. established the Antitrust Division of the Department of Justice
  c. did not apply to farmers
  d. was not fully enforced at first
  e. prohibited price discrimination

Question 2

Suppose, at its present rate of output, a perfectly competitive firm's marginal revenue exceeds both its marginal cost and its average variable cost. To maximize profit, the firm should
 a. lower the price
  b. raise the price
  c. increase output
  d. reduce output
  e. maintain its current rate of output


isabelt_18

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

D

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Despite claims by manufacturers, the supplement known as Ginkgo biloba was shown in a study of more than 3,000 participants to be ineffective in reducing development of dementia and Alzheimer’s disease in older people.

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

Did you know?

Liver spots have nothing whatsoever to do with the liver. They are a type of freckles commonly seen in older adults who have been out in the sun without sufficient sunscreen.

Did you know?

As of mid-2016, 18.2 million people were receiving advanced retroviral therapy (ART) worldwide. This represents between 43–50% of the 34–39.8 million people living with HIV.

Did you know?

Patients who cannot swallow may receive nutrition via a parenteral route—usually, a catheter is inserted through the chest into a large vein going into the heart.

The physician will begin visual inspection of the patient immediately upon entering the examination ... The physician will begin visual inspection of the patient immediately upon entering the examination ...
How Much Is Enough? The Explosion In The Number of U.S. Prisoners How Much Is Enough? The Explosion In The Number of U.S. Prisoners
The permissible exposure limit (PEL) and immediately dangerous to life and health (IDLH) ... The permissible exposure limit (PEL) and immediately dangerous to life and health (IDLH) ...
The minimum number of moles of oxygen needed to completely consume 4 moles of C3H8O is ... The minimum number of moles of oxygen needed to completely consume 4 moles of C3H8O is ...
Number writing practice 1-30 kindergarten Number writing practice 1-30 kindergarten
Copy-number variants Copy-number variants
Video: Stroke volume - contractility definition

For a complete list of videos, visit our video library