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

Author Question: Why does our government enforce antitrust legislation? A) because monopolies are known to be ... (Read 105 times)

Diane

  • Hero Member
  • *****
  • Posts: 576
on: Jun 29, 2018
Why does our government enforce antitrust legislation?
 
  A) because monopolies are known to be unfair to their stockholders
  B) because monopolies are known to be unfair to their employees
  C) because the government wants to create competition in markets in the interests of promoting efficiency
  D) because the government wants to create competition in markets in the interests of promoting an equal distribution of income

Question 2

If regulators force a natural monopoly to price as a perfectly competitive firm would, the natural monopolist
 
  A) will earn higher economic profits.
  B) will earn an economic loss.
  C) will expand its output.
  D) will experience a rise in long-term average costs.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

bob

  • Sr. Member
  • ****
  • Posts: 343
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

B


Diane

  • Hero Member
  • *****
  • Posts: 576
Reply #2 on: Jun 29, 2018
Thank you :)


bob

  • Sr. Member
  • ****
  • Posts: 343
Reply #3 on: Jun 29, 2018
Happy to help you


« previous next »
 

Did you know?

Your skin wrinkles if you stay in the bathtub a long time because the outermost layer of skin (which consists of dead keratin) swells when it absorbs water. It is tightly attached to the skin below it, so it compensates for the increased area by wrinkling. This happens to the hands and feet because they have the thickest layer of dead keratin cells.

Did you know?

In 2012, nearly 24 milliion Americans, aged 12 and older, had abused an illicit drug, according to the National Institute on Drug Abuse (NIDA).

Did you know?

Blastomycosis is often misdiagnosed, resulting in tragic outcomes. It is caused by a fungus living in moist soil, in wooded areas of the United States and Canada. If inhaled, the fungus can cause mild breathing problems that may worsen and cause serious illness and even death.

Did you know?

The average person is easily confused by the terms pharmaceutics and pharmacology, thinking they are one and the same. Whereas pharmaceutics is the science of preparing and dispensing drugs (otherwise known as the science of pharmacy), pharmacology is the study of medications.

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

This modified model of Easton’s systems theory puts government decision makers as the source of pol This modified model of Easton’s systems theory puts government decision makers as the source of pol
The recent mass upheavals in Tunisia, Egypt, Libya, Yemen, and Syria gave political scientists a cha The recent mass upheavals in Tunisia, Egypt, Libya, Yemen, and Syria gave political scientists a cha
In the summer of 1793, a yellow fever epidemic struck Philadelphia, killing nearly 4,000. Tens of th In the summer of 1793, a yellow fever epidemic struck Philadelphia, killing nearly 4,000. Tens of th
In 1900, Ashcan artist George Luks portrayed corporate monopolies and franchises as a monster preyin In 1900, Ashcan artist George Luks portrayed corporate monopolies and franchises as a monster preyin
The political process is fraught with opportunities for opponents of climate legislation The political process is fraught with opportunities for opponents of climate legislation
American Government: Roots and Reform, 2009 Edition American Government: Roots and Reform, 2009 Edition
Video: Medullary osmotic gradient - influencing factors

For a complete list of videos, visit our video library