If income is equally distributed, the Gini ratio is zero

Indicate whether the statement is true or false

TRUE

Economics

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If Microsoft merges with retail stores and computer makers, such that competition is substantially reduced, it would be in violation of the:

a. Clayton Act. b. Robinson-Patman Act. c. Sherman Antitrust Act. d. Federal Trade Commission Act. e. Celler-Kefauver Act.

Economics

A conglomerate merger:

A. can extend the line of products sold, extend the territories in which products are sold, or combine totally unrelated products. B. is defined as a merger involving two firms that previously had a buyer-seller relationship. C. is defined as a merger involving two firms producing the same or similar products and selling them in the same geographical market. D. is illegal, per se.

Economics