Author Question: The Clayton Act of 1914 was passed to prohibit, in part, price discrimination if the effect is to ... (Read 95 times)

Metfan725 · **on:** Jun 29, 2018

The Clayton Act of 1914 was passed to prohibit, in part, price discrimination if the effect is to substantially lessen competition or create monopoly.

Indicate whether the statement is true or false

Question 2

If Ben becomes less likely to buy smoke detectors after he has fire insurance, he is illustrating

A) moral hazard.
B) adverse selection.
C) the lemon problem.
D) the free rider problem.