The federal government has the power to investigate and to try to block
a. only voluntary mergers between firms.
b. only hostile takeovers.
c. only friendly takeovers.
d. any combining of the ownership of previously independent firms that increases concentration.
d
Economics
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You decide to take a vacation and the trip costs you $2,000. While you are on vacation, you do not go to work where you could have earned $750. In terms of dollars, the opportunity cost of the vacation is
A) $2,000. B) $750. C) $2,750. D) $1,250
Economics
The unattainable points in a production possibilities diagram are
A) the points outside the production possibilities frontier. B) the points of the horizontal and vertical intercepts. C) the points within the production possibilities frontier. D) the points along the production possibilities frontier.
Economics