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:

Accommodation

The process by which the eye changes optical power to maintain a clear image or focus on an object as its distance varies.

Elastic

Capable of returning to its original shape after being stretched or compressed, a property of certain materials.

Sclera

The white, outer layer of the eyeball that provides protection and shape.

Choroid

The vascular layer between the sclera and the retina in the eye, providing oxygen and nourishment to the outer layers of the retina.