Question 1
Related to the
Economics in Practice on page 293: The Department of Justice's case against the Taiwanese firm AU Optronics was centered around
◦ breaking its monopoly.
◦ product dumping.
◦ illegal mergers.
◦ price fixing.
Question 2
An oligopolistic model in which firms produce exactly the same results as would exist if the industry was ________ is called the collusion model.
◦ perfectly competitive
◦ monopolistically competitive
◦ government regulated
◦ a monopoly