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