Author Question: When is price fixing among competitors not a violation of the antitrust laws? A) Price fixing ... (Read 140 times)

Awilson837 · **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