Bundle: ECON MICRO, 5th + Aplia, 1 term Printed Access Card
5th Edition
ISBN: 9781337192712
Author: William A. McEachern
Publisher: Cengage Learning
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Question
Chapter 15, Problem 3.5P
a)
To determine
The anticompetitive behavior in the case: When the university wants the buyers of its season tickets for basketball games to buy season tickets for its football games also.
b)
To determine
The anticompetitive behavior in the case of: Collusion between increase in what the diaries charge and their bid on contracts to supply milk to school district.
To determine
The anticompetitive behavior in the case: when the same person serves as the board of directors of ford and general motors.
To determine
The anticompetitive behavior in the case: When in order to drive competitors out of the business a large retailer sells merchandise below the cost
To determine
The anticompetitive behavior in the case: When the producer agrees to sell the soft drinks to the retailer only if promises not to buy from the major competitors of the producers.
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(Origins of Antitrust Policy) Identify the type of anticompetitive behaviour illustrated by each of the following:
a. A university requires buyers of season tickets for its basketball games to buy season tickets for its football games as well.
b. Dairies that bid on contracts to supply milk to school districts collude to increase what they charge.
c. The same individual serves on the boards of directors of General Motors and Ford.
d. A large retailer sells merchandise below cost in certain regions to drive competitors out of business.
e. A producer of soft drinks sells to a retailer only if the retailer agrees not to buy from the producer's major competitor.
What is the primary objective of antitrust laws in the United States? A. Promoting mergers and acquisitions B. Encouraging market consolidation C. Preventing monopolistic behavior and promoting competition D. Regulating international trade
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Chapter 15 Solutions
Bundle: ECON MICRO, 5th + Aplia, 1 term Printed Access Card
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