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The Robinson-Patman Act was passed during the depression of the 1930s to: A. eli

ID: 1232788 • Letter: T

Question

The Robinson-Patman Act was passed during the depression of the 1930s to:

A. eliminate labor unions.
B. make it illegal for many firms to raise prices.
C. make it illegal for many firms to lower prices.
D. strengthen the forces of competition.

Across the U.S., fire departments are fighting with private companies over the right to respond to medical emergencies. Each side will fight harder the:

A. more inelastic the demand.
B. more elastic the demand.
C. less inelastic the demand.
D. more elastic the supply.

Explanation / Answer

D. strengthen competition

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