When Is Price Fixing Among Competitors Not a Violation of the Antitrust

question 76

Multiple Choice

When is price fixing among competitors not a violation of the antitrust laws?

• A) Price fixing among competitors is always a violation of the antitrust law.
• B) when a cartel can maximize profit without behaving like a monopoly
• C) when price fixing leads to a more efficient outcome
• D) when price fixing does not result in predatory pricing

---

Definitions:

Discouraged Workers

Individuals who would like to work but have given up looking for a job.

Marginally Attached Workers

Individuals who are not in the labor force, want and are available for work, and have looked for a job sometime in the past 12 months but not in the four weeks preceding the survey.

Bureau of Labor Statistics

The Bureau of Labor Statistics is a government agency that collects, analyzes, and disseminates various data related to employment, wages, and other economic indicators in the United States.

Official Unemployment Rate

The percentage of active job seekers within the labor force who are presently without a job.