Which of the Following Would Correctly State an Argument for Antitrust

question 54

Multiple Choice

Which of the following would correctly state an argument for antitrust laws given by traditional antitrust theorists?

• A)Concentrated economic power does not necessarily lead to political consequences and companies should not be punished for their success.
• B)Great economic power leads to greater efficiency that translates to lower costs to consumers.
• C)The purpose of antitrust law is to encourage economic efficiency.
• D)To foster competition,a few powerful sellers should dominate the economy.
• E)An accumulation of economic power can lead to an accumulation of political power,which leads to political consequences for consumers.

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Definitions:

Labour Market Supply

The total available workforce or pool of workers in a particular market or region, willing to work under existing conditions.

External Human Resource Supply

Refers to the availability of potential job candidates outside the organization, which HR uses to fill current or future job openings.

Hard Cost

Direct, tangible expenses associated with a project or investment, such as materials and labor costs.

Recruiting Fees

Costs associated with the process of identifying, attracting, and selecting candidates for employment.