Ajax Corporation has just started advertising that there are 16 ounces in every package. In reality the packages contain only 14 ounces. This misleading advertising

A) is in violation of the Robinson-Patman Act.
B) is exempt from the antitrust laws.
C) could be subject to an investigation by the Federal Trade Commission.
D) could be subject to an investigation by the Sherman Commission.

Answer: C

Economics

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Give an example where a government subsidy can correct an externality. Explain how the subsidy would lead to a more efficient outcome

What will be an ideal response?

Economics

The processes a firm uses to turn inputs into outputs of goods and services is called

A) marginal analysis. B) positive economic analysis. C) technology. D) technological change.

Economics