One Method Used to Control the Ability of Firms to Capture

question 523

Multiple Choice

One method used to control the ability of firms to capture monopoly profit in the United States is through

• A)government purchase of products produced by monopolists.
• B)government distribution of a monopolist's excess production.
• C)enforcement of antitrust laws.
• D)regulation of firms in highly competitive markets.

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Definitions:

Increases

A term indicating a rise or growth in quantity, size, number, or extent.

Negative Correlation

A dynamic between two variables where an increase in one leads to a decrease in the other.

Oatmeal

A cereal made from oats, boiled in water or milk, and often served as a breakfast dish.

Coefficient of Alienation

A statistical measure that illustrates the lack of correlation between two variables.