The U.S. antitrust enforcers will likely block a merger if
A) the merging firms already earn excessive profits.
B) the merging firms are in different markets.
C) the merger will substantially increase market power.
D) the degree of concentration declines as a result of the merger.
C
Economics
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Given that MEC(q) = 2q2, what can be inferred about the total cost of pollution as output increases?
A) The total cost of pollution is increasing. B) The total cost of pollution is positive. C) The total cost of pollution is growing at a positive rate. D) The total cost of pollution is growing at an increasing rate. E) The total cost of pollution is changing.
Economics
Four possibilities have probabilities 0.4, 0.2, 0.2 and 0.2 and values $10, $20, $30, and $40 respectively. The expected value is:
a. $22 b. $24 c. $26 d. $28
Economics