The Celler-Kefauver Act deals primarily with which of the following issues?

a. Price discrimination.
b. Exclusive dealing.
c. Mergers.
d. Deceptive advertising.
e. Boards of directors.

c

Economics

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The dual mandate does NOT include which of the following?

A. maximum employment B. stable prices C. the value of the dollar

Economics

Suppose a perfectly competitive firm faces the following short-run cost and revenue conditions: ATC = $8.00; AVC = $5.00; MC = $8.00; MR = $9.00. The firm should

A) decrease output. B) increase output. C) increase price. D) continue to produce its current output.

Economics