Anti-competitive policies are often enforced by government because the public seems to think price cutting by large sellers

A) creates monopolies by reducing competition.
B) increases competition among sellers.
C) raises prices at the wholesale but not at the retail level.
D) reduces the elasticity of margins.

A

Economics

You might also like to view...

Some economists suggest the optimal way for a nation to protect its access to a strategic mineral is with

A) an infant industry tariff. B) a high rate of effective protection to keep local mines in business. C) a quota on imports of the mineral. D) a low nominal rate of protection. E) a stockpile.

Economics

If the economy is in an inflationary boom, the Fed would most likely

a. increase bank reserves by raising the discount rate. b. increase bank reserves by buying government securities c. decrease bank reserves by lowering the discount rate. d. decrease bank reserves by selling government securities. e. decrease bank reserves by lowering the legal reserve requirement.

Economics