The government's court case against Microsoft is an example of:

A. predatory pricing.
B. antitrust enforcement.
C. economic regulation.
D. the regulatory dilemma.

Answer: B

Economics

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After firm A acquired firm B, it raised the prices for the goods produced by both firms. This can increase profits if those goods are

a. Substitutes b. Complements c. Not related d. None of the above

Economics

Which of the following will have a downward impact on efficiency wages?

a. Low monitoring costs b. Excess supply in the labor market c. High equilibrium wage rate d. Excess demand in the labor market

Economics