The judicial doctrine, being a monopoly or attempting to monopolize is not in itself illegal; to be illegal, an action had to be shown to have negative economic effects, is called:
a. the "big is bad" policy.
b. the per se rule.
c. predatory price-cutting policy.
d. the rule of law.
e. the rule of reason.
e
Economics
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What is allocative efficiency and how does it relate to the production possibilities frontier?
What will be an ideal response?
Economics
GDP excludes expenditures by:
a. Government on military hardware b. Business for travel and entertainment c. Consumers on used automobiles d. Businesses on pollution control equipment
Economics