The Sherman Act of 1890 Was Passed to Prohibit

question 28

Multiple Choice

The Sherman Act of 1890 was passed to prohibit

• A) combinations, trusts, or conspiracies to restrict interstate or international trade.
• B) monopolization or attempts to monopolize interstate or international trade.
• C) Both of the above.
• D) Neither of the above.

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Definitions:

Break-Even Number

The quantity of products or services a business needs to sell to cover its costs, without making a profit or a loss.

Passenger

An individual who travels in a vehicle, aircraft, or vessel, but does not operate it or work as part of the crew.

Fixed Costs

Costs that do not fluctuate with the volume of production or sales, such as rent, salaries, or insurance premiums.

Janitorial Costs

Expenses associated with cleaning and maintaining a company's premises, including wages for janitorial staff and cleaning supplies.