The Justice Department and the Federal Trade Commission are likely to oppose mergers
a. that seem likely to increase efficiency.
b. that create a larger firm with economies of scale in a contestable market.
c. which will help one of the merging firms out of financial difficulties.
d. which threaten to reduce competition.
d
Economics
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Savings accounts pay very low rates of interest. The average return on the stock market is about 10-12%, in the long run. Why would anyone put money into a savings account?
What will be an ideal response?
Economics
The problem of asymmetric information that brings about a general decline in product quality in an industry is
A) a market failure. B) the result of government regulation. C) creative response. D) the lemons problem.
Economics