When firms have had to defend themselves against the charge that they have adopted unjustifiably low prices either to drive a competitor out of business or to prevent the entry of a rival, they have been accused of
a. creating a trust.
b. conspiracy.
c. predatory pricing.
d. price discrimination.
c
Economics
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Which of the following gave the U.S. federal government permanent authority to issue money?
A. The creation of the FDIC and FSLIC in 1933. B. The Monetary Control Act of 1980. C. The National Banking Act of 1863. D. The Constitution of the United States in 1779.
Economics
The wage-schooling locus is
A. downward sloping because education is generally productive. B. upward sloping because education is generally productive. C. horizontal because wages are unrelated to schooling. D. backward bending. E. vertical because education is a public good.
Economics