This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The aim of antitrust policy is to: a. provide adequate incentives for inventors and entrepreneurs. ... (Read 52 times)

stevenposner

  • Hero Member
  • *****
  • Posts: 608
on: Jun 30, 2018
The aim of antitrust policy is to:
 a. provide adequate incentives for inventors and entrepreneurs.
  b. prevent firms from acquiring or exercising undue market power.
  c. protect established firms by deterring new entry into industries.
  d. regulate the prices charged by perfectly competitive firms.

Question 2

By restricting the amount of a good that may be imported:
 a. quotas, increase prices, thus causing domestic producers to sell less than they would with free trade.
  b. tariffs lower prices, thus allowing domestic producers to sell more than they would with free trade.
  c. quotas increase prices, thus allowing domestic producers to sell more at higher prices than they would with free trade.
  d. tariffs lower prices, thus causing domestic producers to realize lower total revenue.
  e. quotas simply replace foreign production with domestic production.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Andromeda18

  • Sr. Member
  • ****
  • Posts: 336
Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

c


stevenposner

  • Member
  • Posts: 608
Reply 2 on: Jun 30, 2018
:D TYSM

bblaney

  • Member
  • Posts: 323
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

According to the American College of Allergy, Asthma & Immunology, more than 50 million Americans have some kind of food allergy. Food allergies affect between 4 and 6% of children, and 4% of adults, according to the CDC. The most common food allergies include shellfish, peanuts, walnuts, fish, eggs, milk, and soy.

Did you know?

The Romans did not use numerals to indicate fractions but instead used words to indicate parts of a whole.

Did you know?

In Eastern Europe and Russia, interferon is administered intranasally in varied doses for the common cold and influenza. It is claimed that this treatment can lower the risk of infection by as much as 60–70%.

Did you know?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

Did you know?

More than 34,000 trademarked medication names and more than 10,000 generic medication names are in use in the United States.

Bulging Eyes Of The Tarsier Provide Insight Into Evolution Of Human Vision Bulging Eyes Of The Tarsier Provide Insight Into Evolution Of Human Vision
Tall safety stands can be used to provide additional support for the vehicle while on the hoist. Tall safety stands can be used to provide additional support for the vehicle while on the hoist.
Food Labels Provide Nutrient Content Information Food Labels Provide Nutrient Content Information
Growing plants in a container garden can provide healthy, nutritious vegetables for your dinner Growing plants in a container garden can provide healthy, nutritious vegetables for your dinner
Food policy can drive the food industry Food policy can drive the food industry
The fiscal policy to counter an inflationary gap is a(n) The fiscal policy to counter an inflationary gap is a(n)
Video: Magnetic resonance imaging (MRI)

For a complete list of videos, visit our video library