Some critics of antitrust are worried that some firms

a. will seek to increase competition to a dangerous level.
b. will collude in order to avoid the laws.
c. may use antitrust to prevent competition.
d. may go out of business from large damage awards.

c

Economics

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A firm that places its assets in the custody of a board of trustees is called a:

a. trust. b. combination. c. cartel. d. all of these.

Economics

Suppose that the bakers of bread face an increase in the price of flour (an input). In the market for bread, this will cause the ________ and the equilibrium price to ________.

A. supply of bread to decrease; increase B. supply of bread to decrease; decrease C. demand for bread to decrease; increase D. demand for bread to increase; increase

Economics