Which of the following is an example of countervailing power at work?
a. The government monopolizes the United States Postal Service.
b. Ford and General Motors join forces to raise prices.
c. Compaq and IBM merge.
d. Microsoft lowers price below cost to drive rivals out of business.
e. Big business is met across the bargaining table by big labor.
E
Economics
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Indicate whether the statement is true or false
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