Which of the Following Statements Is False

question 192

Multiple Choice

Which of the following statements is false?

• A)The Clayton Act allows triple damages in civil lawsuits in order to encourage lawsuits against conspiring oligopolists.
• B)Many economists defend the practice of resale price maintenance on the grounds that it may help solve a free-rider problem.
• C)Most economists agree that predatory pricing is a profitable business strategy that usually preserves market power.
• D)The U.S. Supreme Court's view that the practice of tying usually allows a firm to extend its market power is not generally supported by economic theory.

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Definitions:

Cognitive Therapy

A type of psychotherapy that focuses on changing negative patterns of thought to alter unwanted behavior patterns or treat mood disorders such as depression.

Systematic Desensitization

A therapeutic method used to reduce phobia or anxiety through gradual exposure to the feared object or situation combined with relaxation techniques.

Classical Conditioning

A learning process that occurs when two stimuli are repeatedly paired; a response that is at first elicited by the second stimulus is eventually elicited by the first stimulus alone.

Unconditional Positive Regard

A concept in psychology, particularly within humanistic therapy, where the therapist offers the client acceptance and support regardless of what the client says or does.