Which of the following is considered per se illegal under the U.S. antitrust law?
a. An agreement to fix prices of commodities.
b. An agreement to maintain certain technical standards.
c. An agreement to operate only in specific regions.
d. An agreement to follow identical production technique.
A
Economics
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In the circular flow model, rent, wages, interest, and profit paid flow from ________ through ________ to ________
A) firms; goods markets; firms B) households; factor markets; firms C) households; goods markets; firms as payment for goods D) firms; factor markets; households E) firms; goods markets; households
Economics
Refer to the figure above. What is the total surplus before Barylia opens up to free trade?
A) $250 B) $325 C) $800 D) $1,125
Economics