-The Judicial Doctrine, Being a Monopoly or Attempting to Monopolize

question 1

Multiple Choice

-The judicial doctrine, being a monopoly or attempting to monopolize is not in itself illegal; to be illegal, an action had to be shown to have negative economic effects, is called:

• A)the "big is bad" policy.
• B)the per se rule.
• C)predatory price-cutting policy.
• D)the rule of law.
• E)the rule of reason.

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Definitions:

Prime Rate

The interest rate that commercial banks charge their most creditworthy customers, usually large corporations.

Present Value

The current value of a future sum of money or stream of cash flow given a specified rate of return.

Future Value

The value of an investment or a sum of money projected at a future date, calculated by applying interest or growth rates to the present value.

Time Value

The theory that a sum of money is more valuable if it's available immediately, rather than the same amount in the future, because of its earning capabilities.