One Main Difference in the Rulings on the 1945 Alcoa

question 188

Multiple Choice

One main difference in the rulings on the 1945 Alcoa case and the 1956 DuPont cellophane case is that the Alcoa case

• A) focused on structure, whereas the DuPont case focused on behavior.
• B) focused on behavior, whereas the DuPont case focused on structure.
• C) defined the market broadly, whereas the DuPont case defined the market narrowly.
• D) defined the market narrowly, whereas the DuPont case defined the market broadly.

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Definitions:

Diminishing Marginal Product

A principle stating that as additional units of a variable input are added to a fixed input, the additional output produced by each new unit will eventually decline.

Marginal Product

The additional output generated by using one more unit of a specific input, keeping other inputs constant.

Output

The total amount of goods or services produced by a company, industry, or economy.

Marginal Product

The additional output gained by adding one more unit of a specific input, while keeping other inputs constant.