Which of the following statements is true of a socialist law system?

A) It is designed to preserve the authority of the state over agricultural land.
B) It is designed to enable private ownership of all means of production.
C) It prohibits earning interest on money.
D) It tends to put great emphasis on private law.

A

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The weighted average method separates beginning inventory and current production to compute cost per unit of production

Indicate whether the statement is true or false

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When a merger increases concentration, a defense that shows that the firms' customers are sophisticated, large buyers that will not be taken advantage of by a bigger merged firm is:

a. the failing firm defense b. potential competitor defense c. power-buyer defense d. directorate defense e. no such defense is recognized

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