The Sherman Antitrust Act:

a. prohibited restraint of trade.
b. created the Federal Trade Commission.
c. prohibited fraudulent advertising.
d. regulated the railroads.

a

Economics

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Harry decides to buy shares of Oscorp Inc based on the rumor that the price of the shares will rise in the future. This illustrates the theory of adaptive expectations

a. True b. False Indicate whether the statement is true or false

Economics

An individual wheat farmer produces wheat in a perfectly competitive market. A decrease in the market demand for wheat will cause the farmer's marginal revenue to ________ and his profit-maximizing level of output to ________.

A. increase; increase B. increase; decrease C. decrease; increase D. decrease; decrease

Economics