In the United States, government policies with respect to monopolies and collusion are embodied in
A) the U.S. Constitution.
B) common law, which the United States adopted from English law.
C) the Supreme Court.
D) antitrust laws.
Answer: D
Economics
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The market supply curve shows the
A) minimum price suppliers must receive in order to produce another unit of the good. B) maximum price suppliers must receive in order to produce another unit of the good. C) amount of producer surplus suppliers receive. D) profit that suppliers receive from producing another unit of the good.
Economics
Protectionism is used for all of the following reasons except _____.
(A) Keeping out immigrants. (B) Keeping jobs. (C) Taking care of an infant industry. (D) Safeguarding national security.
Economics