« previous next »

Author Question: The Sherman Antitrust Act of 1890 a. immediately reduced the number of trusts and the incidence of ... (Read 62 times)

EAugust

  • Hero Member
  • *****
  • Posts: 550
on: Jun 30, 2018
The Sherman Antitrust Act of 1890
 a. immediately reduced the number of trusts and the incidence of anticompetitive behavior
  b. established the Antitrust Division of the Department of Justice
  c. did not apply to farmers
  d. was not fully enforced at first
  e. prohibited price discrimination

Question 2

Suppose, at its present rate of output, a perfectly competitive firm's marginal revenue exceeds both its marginal cost and its average variable cost. To maximize profit, the firm should
 a. lower the price
  b. raise the price
  c. increase output
  d. reduce output
  e. maintain its current rate of output


isabelt_18

  • Sr. Member
  • ****
  • Posts: 342
Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

There are over 65,000 known species of protozoa. About 10,000 species are parasitic.

Did you know?

The types of cancer that alpha interferons are used to treat include hairy cell leukemia, melanoma, follicular non-Hodgkin's lymphoma, and AIDS-related Kaposi's sarcoma.

Did you know?

Immunoglobulin injections may give short-term protection against, or reduce severity of certain diseases. They help people who have an inherited problem making their own antibodies, or those who are having certain types of cancer treatments.

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

Did you know?

Asthma occurs in one in 11 children and in one in 12 adults. African Americans and Latinos have a higher risk for developing asthma than other groups.

Number of lower molar cusps is one of the features used to distinguish sundadonts from sinodonts. Number of lower molar cusps is one of the features used to distinguish sundadonts from sinodonts.
Men and women work the same number of hours a week, but men spend more time on paid work, and women ... Men and women work the same number of hours a week, but men spend more time on paid work, and women ...
The distribution of cones and rods over the human retina. The figure illustrates the number of cones ... The distribution of cones and rods over the human retina. The figure illustrates the number of cones ...
Prentice Hall's Federal Taxation 2014 Corporations, Partnerships, Estates & Trusts, 27th ... Prentice Hall's Federal Taxation 2014 Corporations, Partnerships, Estates & Trusts, 27th ...
The effect of disruptive selection on bristle number in Drosophila The effect of disruptive selection on bristle number in Drosophila
Copy-number variants Copy-number variants
Video: SNP Polymorphysim Microarray Chip - How to Test a Person's DNA

For a complete list of videos, visit our video library