« previous next »

Author Question: Antitrust policy is designed to a. improve health and safety in products and in working conditions ... (Read 53 times)

SO00

  • Hero Member
  • *****
  • Posts: 568
on: Jun 30, 2018
Antitrust policy is designed to
 a. improve health and safety in products and in working conditions
  b. regulate the firms in industries where cut-throat competition is potentially damaging
  c. create monopolies by forcing competitive firms to merge
  d. control price and output in industries where monopoly is desirable
  e. promote competition and reduce anticompetitive behavior

Question 2

A perfectly competitive firm finds that: Average total cost is 25; Average variable cost is 15; Marginal cost is 20 and increasing; Price of the product is 22. This firm should
 a. produce more output
  b. raise the price of its product
  c. reduce production without shutting down
  d. shut down (reduce output to zero)
  e. do nothing (it is currently maximizing profit)


Tonyam972

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

E

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

A serious new warning has been established for pregnant women against taking ACE inhibitors during pregnancy. In the study, the risk of major birth defects in children whose mothers took ACE inhibitors during the first trimester was nearly three times higher than in children whose mothers didn't take ACE inhibitors. Physicians can prescribe alternative medications for pregnant women who have symptoms of high blood pressure.

Did you know?

Asthma cases in Americans are about 75% higher today than they were in 1980.

Did you know?

The Centers for Disease Control and Prevention has released reports detailing the deaths of infants (younger than 1 year of age) who died after being given cold and cough medications. This underscores the importance of educating parents that children younger than 2 years of age should never be given over-the-counter cold and cough medications without consulting their physicians.

Did you know?

After a vasectomy, it takes about 12 ejaculations to clear out sperm that were already beyond the blocked area.

Did you know?

In 1835 it was discovered that a disease of silkworms known as muscardine could be transferred from one silkworm to another, and was caused by a fungus.

Conditions for Eclipses Conditions for Eclipses
Ten hallmarks of emotional health Ten hallmarks of emotional health
Phases of the working relationship Phases of the working relationship
Safety-Lok syringe. Safety-Lok syringe.
Lymphatic massage techniques improve the circulation of lymph fluid. Lymphatic massage techniques improve the circulation of lymph fluid.
Cultural Diversity in Health and Illness (9th Edition) Cultural Diversity in Health and Illness (9th Edition)
Video: The Lagging Strand in DNA Replication and Replication in Action

For a complete list of videos, visit our video library