The Sherman Act prohibits:

a. contracts in restraint of commerce
b. monopolization of an industry
c. price discrimination
d. a and b
e. a, b, and c

d

Economics

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Suppose the consumer price index (CPI) for a given year is 150 . This means the rate of inflation for the given year is 50 percent

a. True b. False Indicate whether the statement is true or false

Economics

A shortage of competition is central to the entrepreneur in the ________ theory of profit.

A. risk taker B. innovator C. monopolist D. exploiter of labor

Economics