Which of the following is illegal according to the antitrust laws?
A) the use of coupons
B) price discrimination based on cost differences
C) vertical mergers
D) price fixing
D
Economics
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According to the BEA, in the second quarter of 2012 nominal GDP rose by 3.3 percent and real GDP rose by 1.7 percent. The difference between the change in nominal GDP and the change in real GDP could be explained by
A) an increase in prices of final goods and services produced. B) a decrease in prices of final goods and services produced. C) an increase in quantity of final goods and services produced. D) a decrease in quantity of final goods and services produced.
Economics
Refer to Figure 11-6. In the figure above which letter represents the average fixed cost curve?
A) A B) B C) C D) D
Economics