Which antitrust act prohibits exclusive dealing, tying contracts, stock acquisitions, and interlocking directorates?

a. Sherman Antitrust Act of 1890.
b. Clayton Act of 1914.
c. Federal Trade Commission Act of 1914.
d. Robinson-Patman Act of 1936.
e. Cell-Kefauver Act of 1950.

b

Economics

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Can a perfectly competitive firm successfully price discriminate? Hint: What does the demand curve look like for a perfectly competitive firm?

What will be an ideal response?

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What is the long-run effect on the demand curve of a monopolistically competitive firm when more firms enter the market?

a. Demand curve shifts to left. b. Demand curve remains the same. c. Demand curve shifts to right. d. Demand curve become flatter.

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