Antitrust laws are designed to

a. preserve competition.
b. protect the environment.
c. protect the public's trust in the government.
d. all of the above.

a

Economics

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Ownership of a necessary input creates what type of barrier to entry?

A) legal barrier to entry B) natural barrier to entry C) a public franchise D) a government license E) ownership barrier to entry

Economics

If federal, state, and local governments were unable to raise any revenue, then government's role as:

A. only a referee would be unaffected. B. both an actor and a referee would be unaffected. C. only an actor would be unaffected. D. both an actor and a referee would be eliminated.

Economics