A monopolist's cost curves may shift down because

a. large-scale input purchases may permit the monopolist to take quantity discounts.
b. of advertising expenditure.
c. competitors are pushed out of the market.
d. of bureaucratic inefficiencies.

a

Economics

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Which of the following is a violation of the antitrust laws?

a. A firm discussing/fixing price with its competitors b. Making arrangements to stay out each other's markets c. Merging with the competitor to eliminate competition d. All of the above are violations

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