Marginal benefit is equal to the ________ benefit a consumer receives from consuming one more unit of a good or service

In general, horizontal mergers will

A) increase the number of firms in an industry. B) decrease the number of firms in an industry. C) increase competition in an industry. D) reduce economic profits in an industry.

The StubHub's secondary baseball ticket market is an attempt by the league

A. to extend its monopoly in the primary ticket market to the secondary market. B. to appear to charge lower ticket prices while effectively charging higher prices. C. to capture profits made in the secondary market. D. all of these.