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Author Question: The Sherman Act a. created the Federal Trade Commission b. established the Department of Justice ... (Read 67 times)

KimWrice

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  • Posts: 579
on: Jun 30, 2018
The Sherman Act
 a. created the Federal Trade Commission
  b. established the Department of Justice Guidelines
  c. regulated railroad and trucking industries
  d. outlawed restraints of trade
  e. forbade price discrimination

Question 2

A perfectly competitive firm in the short run determines its quantity supplied at various prices by using
 a. the portion of its marginal cost curve rising above its average total cost curve
  b. the portion of its marginal cost curve rising above its average variable cost
  c. its average variable cost curve
  d. its average total cost curve
  e. the portion of its average variable cost curve rising above its average fixed cost curve


jazzlynnnnn

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  • Posts: 335
Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

B


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