Which of the Following Statements Is Not Correct

question 113

Multiple Choice

Which of the following statements is not correct?

• A)Two examples of early antitrust laws are the Sherman and Clayton Antitrust Acts.
• B)Antitrust laws automatically prevent mergers between companies that produce similar products.
• C)Antitrust laws give the government power to increase competition.
• D)Antitrust laws can reduce social welfare if they prevent mergers that would lower costs through more efficient joint production.

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Definitions:

Competitive Advantage

The special characteristics or conditions that give a business an edge over its competition.

Human Resources

The department within an organization responsible for managing all issues related to the employees, including recruitment, training, development, and compensation.

HR Programs

The range of services, policies, and programs designed and executed by the human resources department of an organization to attract, develop, and retain a competent and engaged workforce.

Stakeholder Groups

Collectives of individuals or organizations with an interest or stake in the outcome of a particular project, decision, or endeavor.