1.) The per se rule was an antitrust law guideline that emphasized ____ over ___
ID: 1100298 • Letter: 1
Question
1.) The per se rule was an antitrust law guideline that emphasized ____ over ____.
a.
price; quantity
b.
quantity; price
c.
law; the economy
d.
size; behavior
e. behavior; size
2.) Ever since the creation of the interstate highway system, the railroads have had to compete with trucks for freight shipments. Union Pacific, the nation's largest railroad, now offers door-to-door services to clients, using their own trains and trucks. This must be the result of:
a.
horizontal merger.
b.
vertical merger.
c.
conglomerate merger.
d.
deregulation.
e.
high fuel prices.
3.) Which of the following is the environmental approach found in the Clean Air Act of 1990?
a.
Marketable pollution permits.
b.
Price caps.
c.
Command-and-control regulation.
d.
EPA marginal social permits.
a.
price; quantity
b.
quantity; price
c.
law; the economy
d.
size; behavior
e. behavior; size
2.) Ever since the creation of the interstate highway system, the railroads have had to compete with trucks for freight shipments. Union Pacific, the nation's largest railroad, now offers door-to-door services to clients, using their own trains and trucks. This must be the result of:
a.
horizontal merger.
b.
vertical merger.
c.
conglomerate merger.
d.
deregulation.
e.
high fuel prices.
3.) Which of the following is the environmental approach found in the Clean Air Act of 1990?
a.
Marketable pollution permits.
b.
Price caps.
c.
Command-and-control regulation.
d.
EPA marginal social permits.
Explanation / Answer
1.) The per se rule was an antitrust law guideline that emphasized ____ over ____.
a.
price; quantity
b.
quantity; price
c.
law; the economy
d.
size; behavior
e. behavior; size
2.) Ever since the creation of the interstate highway system, the railroads have had to compete with trucks for freight shipments. Union Pacific, the nation's largest railroad, now offers door-to-door services to clients, using their own trains and trucks. This must be the result of:
a.
horizontal merger.
b.
vertical merger.
c.
conglomerate merger.
d.
deregulation.
e.
high fuel prices.
3.) Which of the following is the environmental approach found in the Clean Air Act of 1990?
a.
Marketable pollution permits.
b.
Price caps.
c.
Command-and-control regulation.
d.
EPA marginal social permits.
a.
price; quantity
b.
quantity; price
c.
law; the economy
d.
size; behavior
e. behavior; size
2.) Ever since the creation of the interstate highway system, the railroads have had to compete with trucks for freight shipments. Union Pacific, the nation's largest railroad, now offers door-to-door services to clients, using their own trains and trucks. This must be the result of:
a.
horizontal merger.
b.
vertical merger.
c.
conglomerate merger.
d.
deregulation.
e.
high fuel prices.
3.) Which of the following is the environmental approach found in the Clean Air Act of 1990?
a.
Marketable pollution permits.
b.
Price caps.
c.
Command-and-control regulation.
d.
EPA marginal social permits.
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