Which act of Congress extended the government's authority to block horizontal and vertical mergers?

a. Clayton Act.
b. Sherman Antitrust Act.
c. Celler-Kefauver Act.
d. Robinson-Patman Act.

c

Economics

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Last year when John graduated and received a 20 percent pay increase, the average number of restaurant meals he consumed rose from one a week to three a week. Hence his income elasticity for restaurant meals is

A) 0.50. B) -0.50. C) 5.00. D) -5.00.

Economics

An example of physical capital is: a. a $100 bill

b. a stock certificate. c. a chainsaw. d. a cheeseburger.

Economics