When government tries to change social norms, they:
A. might run an extensive ad campaign.
B. are trying to change people's opinions about their actions.
C. try to get consumers to internalize the cost or benefit they cause by their market decision.
D. All of these statements are true.
D. All of these statements are true.
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Refer to the figure above. What is the domestic production of calculators in Barylia, once the economy opens up to free trade?
A) 10 units B) 30 units C) 60 units D) 100 units
Under the rule of reason, a U.S. firm with an 80 percent market share
a. will always be found in violation of the Sherman Antitrust Act b. will never be found in violation of the Sherman Antitrust Act c. may be found in violation of the Sherman Antitrust Act, depending on the firm's conduct d. will always be found in violation of the Sherman Antitrust Act if there is only one other firm in the industry e. will be found in violation of the Sherman Antitrust Act only if there is only one other firm in the industry