The decision in the U.S. Steel case:
A. reflected a behavioralist approach to antitrust.
B. reflected a structuralist approach to antitrust.
C. divided U.S. Steel into a number of smaller companies.
D. ruled that U.S. Steel had engaged in illegal price-fixing.
Answer: A
You might also like to view...
Superhighways, public housing facilities, and defense projects are all ways that the President can:
A. close a recessionary gap B. close an inflationary gap C. combat inflation D. raise unemployment
The market demand function for ice cream is Qd = 10 - 2P and the market supply function for ice cream is Qs = 4P - 2, where both quantities are measured in millions of gallons per year. What is the consumer surplus at the competitive market equilibrium?
A. $4.5 million B. $9 million C. $13.5 million D. $18 million