If competition decreases in a certain industry

Select one:

a. it would not matter because competition has very little affect in a market economy.

b. A company that is in that industry may have and exert more economic power.

c. Resources will be allocated more efficiently

d. Prices will most likely be lower in that industry

Question 2

Question text

The Sherman Anti-Trust Act

Select one:

a. Gave monopolies a legal right to exist and grow

b. Gave all unions money to pay their members

c. Was a governmental attempt to promote and encourage competition.

d. Created new policies to ensure that workers' compensation was given to all workers

Question 3

Question text

One reason the government is involved in the U.S. economy is to

Select one:

a. regulate industries in which a monopoly is in the public interest

b. encourage monopolies

c. discourage competition

d. promote the development of negative externalities

Question 4

Question text

Under perfect competition

Select one:

a. The buyers are usually uninformed

b. Market equilibrium sets the price of goods and services

c. The government determines how much of a good to produce.

d. The seller tends to spend much effort in advertising its product because of product differentiation.

Question 5

Question text

The Clayton-Anti Trust Act

Select one:

a. Was never passed

b. Helped monopolists grow wealthier

c. Was passed to lower the taxes on the most wealthy Americans

d. Outlawed price discrimination

Question 2 Epidemiologic investigations of racial/ethnic disparities may fail to capture which of the following? O A. Genetic differences O B. Biological differences O C. Cultural differences OD. Gender differencesMoving to another question will save this response. estion 4 temperature is maintained at 34.5 C7 A sample of a gas occupies a volume of 185.5 ml at 20.2* C and 0.945 atm. What pressure would it exert if it Is transferred to a gas but with a client pr 205 at hata thy O A. 549 torr O B. 547 tor O c. 1.39 torr O D. 1956 torr O E. 891 torr In Moving to another question will save this response.Question 19 1?. An element to establish a negligent tort is that the defendant breached a duty of care owed to the injured person. If} True '1?) False Question 20 20. Inducing someone to breach {or break} a contract with another partyr is legally:r permissible if done in the name of competition. C) True CI False QUESTION 1 Anthony Scaramucci, the Owner of White House Pressers adheres to the "principle of rights" theory. Under this theory, a key factor in determining whether a business decision is ethical is how that decision O a. compares to religious principles. O b. affects the rights of others. O c. causes consequences that would follow if everyone in society acted the same way. O d. supports the right to make a profit. QUESTION 2 Congress creates a new law, the Environmental Protection Agency (an administrative agency) issues rules, the amalgamated bankers association (a private organization) issues instructions, Bank of America posts a memo with orders for its employees, and Mila Kunis shares current events with her colleagues. Sources of law include O a. the stories released by news agencies. b. the orders posted by employers. O c. the instructions issued by private associations. O d. the rules issued by federal administrative agencies. QUESTION 3 Gregory Lee Johnson sets fire to an American flag in the back of his home, on his back porch. He filmed himself while doing so and uploaded the video to You Tube. Gregory's actions are O a, subject to reasonable restrictions under the due process clause. Ob protected by the First Amendment. O c. given strict scrutiny under the equal protection clause. O d. expressly prohibited by the Constitution. Click Save and Submit to save and submit. Click Save All Answers to save off answers.When Lara and Mick cannot resolve their dispute amicably. Lara initiates a lawsuit against Mick. Lara is O the case of first impression. the defendant. D the persuade authority. O the phintiff. Question 30 Courts often refer to secondary sources of law for guidance in interpreting and applying a primary source of law. Fake O True Question 31 Ordering a party to perform what was promised is D an unenforceable demand Dan equitable remedy. O fraction. O beyond the court's authority. Question 32 Store decisives best defined as O a situation giving a person a right to initiate a judicial proceeding. D the authority to decidie a specific dispute. D a judicial proceeding to redress a wrong. Ofa doctrine under which judges follow established precedents Question 33 The basis of all law in the United States is O case law. O laws passed by Congment O the U.S. Constitution. O regulations created by administrative agencies Question 34 At one time, a court of law could grant as a remedy only O a judicial proceeding for the resolution of a dispute. O mancery damages. D an injunction. O an order to perform a contract as promised