According to the rule of reason, when would the courts find a monopoly in violation of the Sherman Antitrust Act?
A. Always-monopoly is per se illegal under the rule of reason.
B. Only when the monopoly created negative externalities.
C. Only when the monopoly engaged in illegal business practices.
D. Only when the monopoly charged excessively high prices.
Answer: C
Economics
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a. rises and the CPI falls. b. rises and the CPI rises. c. falls and the CPI rises. d. falls and the CPI falls.
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