In some cases, firms that are accused of antitrust violations by federal authorities will plead guilty to the criminal charges in order to avoid facing the same charges in a private or civil trial. Why?
A) Attorneys in civil cases tend to be more effective at proving their claims.
B) The penalties for a conviction in a civil or private case are treble damages, or three times larger than the penalties in a criminal or public case.
C) Judges in criminal cases are known to be more lenient.
D) none of the above
Question 2
The only lasting solution to the welfare problem will have to come from welfare reform alone.
Indicate whether the statement is true or false
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Competitive firms and maximization