This topic contains a solution. Click here to go to the answer

Author Question: When is price fixing among competitors not a violation of the antitrust laws? A) Price fixing ... (Read 193 times)

Awilson837

  • Hero Member
  • *****
  • Posts: 509
When is price fixing among competitors not a violation of the antitrust laws?
 
  A) Price fixing among competitors is always a violation of the antitrust law.
  B) when a cartel can maximize profit without behaving like a monopoly
  C) when price fixing leads to a more efficient outcome
  D) when price fixing does not result in predatory pricing

Question 2

Emma consumes only tacos and pizza. They are substitute goods for her. The price of a taco falls. Emma will buy ________ tacos and her marginal utility from the last slice of pizza she eats ________.
 
  A) more; does not change
  B) more; decreases
  C) the same quantity; does not change
  D) less; increases



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

cassie_ragen

  • Sr. Member
  • ****
  • Posts: 347
Answer to Question 1

A

Answer to Question 2

B




Awilson837

  • Member
  • Posts: 509
Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it


aliotak

  • Member
  • Posts: 326
Reply 3 on: Yesterday
Excellent

 

Did you know?

Tobacco depletes the body of vitamins A, C, and E, which can result in any of the following: dry hair, dry skin, dry eyes, poor growth, night blindness, abscesses, insomnia, fatigue, reproductive system problems, sinusitis, pneumonia, frequent respiratory problems, skin disorders, weight loss, rickets, osteomalacia, nervousness, muscle spasms, leg cramps, extremity numbness, bone malformations, decayed teeth, difficulty in walking, irritability, restlessness, profuse sweating, increased uric acid (gout), joint damage, damaged red blood cells, destruction of nerves, infertility, miscarriage, and many types of cancer.

Did you know?

Oliver Wendell Holmes is credited with introducing the words "anesthesia" and "anesthetic" into the English language in 1846.

Did you know?

In the ancient and medieval periods, dysentery killed about ? of all babies before they reach 12 months of age. The disease was transferred through contaminated drinking water, because there was no way to adequately dispose of sewage, which contaminated the water.

Did you know?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

Did you know?

Green tea is able to stop the scent of garlic or onion from causing bad breath.

For a complete list of videos, visit our video library