When Rick uses a common resource and diminishes other people's enjoyment of it, he creates

The benefit to buyers of participating in a market is measured by

a. the price elasticity of demand. b. consumer surplus. c. the maximum amount that buyers are willing to pay for the good. d. the equilibrium price.

The purpose of antitrust legislation is

A) to reduce unemployment. B) to reduce the power of monopoly. C) to increase the power of monopoly. D) to maximize employment for a given price level.