Which of the Following Statements Is False

question 192

Multiple Choice

Which of the following statements is false?

• A)The Clayton Act allows triple damages in civil lawsuits in order to encourage lawsuits against conspiring oligopolists.
• B)Many economists defend the practice of resale price maintenance on the grounds that it may help solve a free-rider problem.
• C)Most economists agree that predatory pricing is a profitable business strategy that usually preserves market power.
• D)The U.S. Supreme Court's view that the practice of tying usually allows a firm to extend its market power is not generally supported by economic theory.

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Definitions:

McClelland

Refers to David McClelland, a psychologist known for his work on motivation, notably the theory of Needs which includes the need for achievement, power, and affiliation.

Homeostasis

The process by which a living organism or cell maintains stable conditions necessary for its survival, such as temperature and pH balance.

Imbalanced State

A condition or situation where stability is disrupted, leading to a lack of equilibrium in physiological or psychological states.

Anorexia

An eating disorder characterized by an obsessive fear of gaining weight, leading to severe restriction of food intake and malnourishment.