One school of anti-trust thought argues that, rather than ensuring efficiency, anti-trust laws are really aimed at
A) protecting small independent firms against large corporations.
B) outlawing all monopolies whether they perform bad acts or not.
C) price differentiation due to differences in quality and cost.
D) restricting interlocking directorates.
Question 2
If diplomas work efficiently in signaling productive capabilities to employers, the resulting equilibrium
A) will be a separating equilibrium.
B) will be a pooling equilibrium.
C) will always be inefficient.
D) will never be efficient.
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