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Author Question: Antitrust laws attempt to A) support prices at high levels so firms can earn profits. B) ... (Read 173 times)

rlane42

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on: Jun 29, 2018
Antitrust laws attempt to
 
  A) support prices at high levels so firms can earn profits.
  B) establish minimum wages.
  C) prevent monopolies or collusion.
  D) enforce fair trade laws.

Question 2

When the production of a good creates an external cost, one method of achieving the efficient allocation is to impose a tax such that
 
  A) MC + tax = MSC.
  B) MC - tax = MSB.
  C) MB + tax = MSC.
  D) MB - tax = MSB.


miss_1456@hotmail.com

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

C

Answer to Question 2

A


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