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Author Question: Which of the following best states the main criticism of the Sherman Act? a. It was overly harsh. ... (Read 40 times)

Wadzanai

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on: Jun 30, 2018
Which of the following best states the main criticism of the Sherman Act?
 a. It was overly harsh.
  b. It was unnecessary at the time.
  c. It was too vague.
  d. It duplicated existing law.
  e. It came too late in the Industrial Revolution.

Question 2

A decline in demand in a competitive industry will result in
 a. a decrease in equilibrium price
  b. a decline in the number of firms in the industry
  c. economic losses for some firms in the industry
  d. a decline in the equilibrium quantity
  e. all of the above


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Amiracle

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Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

D


Wadzanai

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

Bigfoot1984

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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