A Company That Attempts to Grab a Larger Market Share

question 413

Multiple Choice

A company that attempts to grab a larger market share by doing more functions internally, such as taking direct control of its manufacturing or retailing:

• A) is not constrained by the antitrust laws
• B) is subject to restrictions under the Sherman Act
• C) is constrained by the Clayton Act from becoming too large
• D) will be forced by the FTC Act to end certain phases of its activities
• E) none of the other choices

---

Definitions:

Microeconomics

The branch of economics that studies how people make decisions and how those decisions interact.

Scarcity

The fundamental economic problem of having seemingly unlimited human wants and needs in a world of limited resources.

Insufficient

The lack of enough resources, quantity, or capacity to meet a demand or requirement.

Scarcity

A fundamental economic problem of having seemingly unlimited human wants in a world of limited resources, leading to the necessity of making choices.