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Author Question: When is price fixing among competitors not a violation of the antitrust laws? A) Price fixing ... (Read 213 times)

Awilson837

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on: Jun 29, 2018
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


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cassie_ragen

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Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

B


Awilson837

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

aliotak

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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