In the Case in Point on Antitrust Policy's Impact on Consumers

question 130

Multiple Choice

In the Case in Point on antitrust policy's impact on consumers, the Ashenfelter and Hosken analysis indicated that four out of five mergers in the consumer products industry resulted in _____ prices suggesting that, pending further study, _____ government intervention might be needed.

• A) higher; less
• B) higher; more
• C) lower; less
• D) lower; more

---

Definitions:

Conscious Choices

Decisions made with full awareness and thoughtful consideration, often reflecting personal values and beliefs.

Stereotypes

Oversimplified generalizations about groups of people that may or may not reflect reality.

Ms.

A title used before a woman's surname or full name to show respect without specifying her marital status.

Traditionally Expected

Behaviors or roles that are anticipated or deemed appropriate based on historical or cultural norms.