Which of the Following Is True of Antitrust Laws

question 14

Multiple Choice

Which of the following is true of antitrust laws?

• A)Antitrust laws are fixed and unchangeable.
• B)Each new administration adopts a different policy for enforcing antitrust laws.
• C)Federal antitrust laws provide for government lawsuits and exclude private lawsuits from their purview.
• D)Treble damages cannot be sought in antitrust lawsuits.

---

Definitions:

Probabilities

The measure of the likelihood that an event will occur, usually expressed as a number between 0 and 1.

Behavioral Scientists

Researchers who study the actions and behaviors of humans or animals to understand psychological and societal mechanisms.

Classical Decision Theory

A theory that assumes decision-makers have complete information and can rationally evaluate options to make optimal choices.

Cognitive Limitations

The boundaries of human capability in processing information, making judgments, and solving problems.