The Federal Trade Commission Act:

A. prohibited selling products at "unreasonably low prices" with the intent of reducing competition.
B. was passed to establish a body to enforce antitrust laws.
C. outlawed stock purchases that would substantially reduce competition.
D. made it illegal to monopolize a market.

Answer: B

Economics

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To raise economic development, developing countries should

A) focus on producing service goods. B) produce goods that are capital intensive and not labor intensive. C) not focus on economic growth. D) focus on their comparative advantage.

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Which form of business organization is the most common in the United States?

a. sole proprietorship b. partnership c. corporation d. nonprofit organization e. S-corporation

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