The United States is best known as a

A) pure price system.
B) dictatorship.
C) command and control system.
D) mixed economic system.

D

Economics

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Industry X comprises only very few large firms engaged in stiff competition with each other. Industry X can best be described as

A) pure competition. B) monopolistic competition. C) pure monopoly. D) oligopoly.

Economics

The landmark antitrust case which established that size alone can be an antitrust violation is the

a. U.S. Steel case b. Brown Shoe case c. Von's Grocery case d. ALCOA case e. Pabst Brewing case

Economics