If the risk associated with a particular outcome is ________, or the value of a particular outcome is ________, then cost-benefit analysis might lead people to take precautions that are not cost-justified

The short-run break-even price is the point at which

A) price is less than marginal cost. B) marginal cost, average total cost and marginal revenue are all equal. C) average variable cost is at a minimum. D) marginal cost, price and average variable cost are all equal.

The Sherman Act prohibits:

a. contracts in restraint of commerce b. monopolization of an industry c. price discrimination d. a and b e. a, b, and c