The primary tactic a monopoly will employ to use its power is to:

restrict output

control demand

expand supply

get dragons

When a restaurant gives students 10 per cent off, that is ______ degree price discrimination.

1st

2nd

3rd

7 kingdoms

The lesson of the prisoner's dilemma is that businesses in an oligopoly should ____ if possible.

divide their market

collude

differentiate their products

bend the knee

The anti-trust laws are constitutional because they are based on the power to:

regulate interstate commerce

incorporate businesses

issue Letters of Marque

see anywhere a Weirwood grows

The Sherman Act makes it illegal to be a monopoly, try to become a monopoly, or conspire to become a monopoly.

True

False

You know nothing, Jon Snow

The North remembers

You operate a restaurant chain (say, Taco Bell). Your food is so good that every other restaurant in the world goes out of business. You have not violated the Sherman Act because of the:

Clayton Act

Commerce Clause

Rule of Reason

Wall

Who is exempt from truth in advertising laws?

Politicians

Physicians

Small Businesses

Cersei Lannister

The _____ Act permits the government to approve or disapprove corporate mergers.

Sherman

Clayton

Glass

I Drink and I Know Things

There are advantages to a company when all of its employees use the same word processor and other software (lowering training costs, ease of sharing files, etc.). These advantages are collectively known as:

software externalities

code overfunctions

network externalities

Winterfell

Which of the following is exempt from anti-trust?

major league baseball

railroads

airlines