In the last 40 years, merger policy has become a major way for antitrust authorities to regulate market structure
Indicate whether the statement is true or false
T Issuance by the Department of Justice of merger guidelines in 1968, followed by passage of the Hart-Scott-Rodino Act of 1976 that required firms to notify the government before large mergers, allowed antitrust authorities to evaluate mergers before they occurred, and avoid mergers that would raise serious market structure questions.
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Which of the following will cause an increase in the steady-state growth rate of output per worker?
A) an increase in the saving rate B) a reduction in the population growth rate C) a reduction in the rate of depreciation D) a reduction in the saving rate E) none of the above
An HVAC company is selling heating and cooling equipment. Between its sales staff and the VP of Marketing, the sales staff would want to
a. Price aggressively to ensure sales are made b. Price less aggressively to ensure that profitable sales are made c. Price at cost to minimize sales d. None of the above