If the courts apply the per se criterion to a firm that dominates a market but does not engage in anticompetitive behavior, it would not find the firm to be in violation of the antitrust laws

Indicate whether the statement is true or false

F

Economics

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An increase in all of the following will increase aggregate demand EXCEPT

A) investment. B) savings. C) exports. D) government spending.

Economics

Which of the following will NOT be true if the antitrust laws are successful?

A) Producers will earn zero economic profits in the long-run. B) Firms will not restrict output. C) Firms will produce the competitive output. D) Firms will produce the quantity at which marginal cost equals marginal revenue and charge a price that is greater than marginal cost.

Economics