What act of Congress declared restraint of trade illegal and declared any attempt at monopolizing unlawful?

a. the Celler-Kefauver Anti-Merger Act
b. the Sherman Antitrust Act
c. the Clayton Act
d. the Wheeler-Lea Act
e. the Clayton-Celler Act

B

Economics

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For a monopolist, ______.

a. its demand curve is downward sloping b. its marginal revenue is less than price c. existing economic profits can be sustained over time d. all of these

Economics

Prepare a list of events that would shift the aggregate supply curve leftward.

What will be an ideal response?

Economics