Which of the following is not capital?
A) a computer in the office of an accountant
B) a migrant worker in the fields of California
C) a wrench in an auto-repair shop
D) a new machine used for producing microchips
Ans: B) a migrant worker in the fields of California
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Normative analysis offers decision makers the most valuable information when choosing among alternatives
Indicate whether the statement is true or false
Antitrust policy is designed to
a. improve health and safety in products and in working conditions b. regulate the firms in industries where "cut-throat" competition is potentially damaging c. create monopolies by forcing competitive firms to merge d. control price and output in industries where monopoly is desirable e. promote competition and reduce anticompetitive behavior