An initial allocation of goods is called a(n)

After a tariff is imposed on a good, the price of the good

A) does not change. B) falls. C) rises. D) rises only if the domestic demand for the good does not change. E) might rise, fall, or not change depending on whether the government did or did not simultaneously impose a quota.

Which of the following does NOT describe the intended purpose of the antitrust laws of the United States?

A) to promote competition within the economic system B) to reduce the power of monopolies C) to prohibit certain economic activities that promote trade D) to restrict the formation of monopolies