The rule of reason refers to the interpretation of the courts that dominant firms should be broken up because of their:

a. market share dominance.
b. illegal business practices.
c. monopolistic behavior.
d. All of these.

b

Economics

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To graph a relationship involving more than two variables, we use which assumption?

A) linear assumption B) positive relationship assumption C) marginal analysis D) ceteris paribus E) trend assumption

Economics

Suppose there are four firms in an industry. The market shares of the four firms are 5 percent, 20 percent, 35 percent, and 40 percent. The Herfindahl-Hirschman index for that industry is

A) 6,650. B) 3,250. C) 1,250. D) 100.

Economics