Which piece of legislation forbids most forms of price discrimination?
a. Sherman Act
b. Robinson-Patman Act
c. Cellar-Kefauver Act
d. Clayton Act
Question 2
One of the negative impacts of export subsidy is that:
a. the price of the domestic good increases in the world market.
b. the domestic supply of the goods increases more than proportionately than increase in demand.
c. the domestic cost of production of the exportable increase.
d. it results in a general deflation and hence the domestic producers incur losses.
e. it is financed by the taxes paid by domestic consumers and hence it harms them.
Alan Price - Poor People
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