Author Question: Antitrust laws attempt to A) support prices at high levels so firms can earn profits. B) ... (Read 179 times)

rlane42

  • Hero Member
  • *****
  • Posts: 594
Antitrust laws attempt to
 
  A) support prices at high levels so firms can earn profits.
  B) establish minimum wages.
  C) prevent monopolies or collusion.
  D) enforce fair trade laws.

Question 2

When the production of a good creates an external cost, one method of achieving the efficient allocation is to impose a tax such that
 
  A) MC + tax = MSC.
  B) MC - tax = MSB.
  C) MB + tax = MSC.
  D) MB - tax = MSB.



miss_1456@hotmail.com

  • Sr. Member
  • ****
  • Posts: 289
Answer to Question 1

C

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

Did you know?

Nearly 31 million adults in America have a total cholesterol level that is more than 240 mg per dL.

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Did you know?

Urine turns bright yellow if larger than normal amounts of certain substances are consumed; one of these substances is asparagus.

Did you know?

Anesthesia awareness is a potentially disturbing adverse effect wherein patients who have been paralyzed with muscle relaxants may awaken. They may be aware of their surroundings but unable to communicate or move. Neurologic monitoring equipment that helps to more closely check the patient's anesthesia stages is now available to avoid the occurrence of anesthesia awareness.

For a complete list of videos, visit our video library