Antitrust laws attempt to A) support prices at high levels so ...

[rlane42]

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]

Answer to Question 1

C

Answer to Question 2

A