All of the Following Are Arguments to Have Less Antitrust

question 100

Multiple Choice

All of the following are arguments to have less antitrust enforcement except for

• A)Global competitors put pressure on U.S.oligopoly industries.
• B)There is always a chance that new innovators will replace oligopoly firms.
• C)Oligopolies can lead to less output and higher prices.
• D)Companies become large because they are successful in satisfying consumer demand.

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Definitions:

Copyright

A legal right granted to an individual or entity to exclusively produce, publish, sell, or distribute the original creative work for a specified period of time.

Goodwill

An intangible asset that arises when a company acquires another company for a premium value, representing the excess of purchase price over the fair market value of the acquired company's identifiable assets and liabilities.

Fixed Assets

Fixed Assets are long-term tangible assets, such as buildings, machinery, and equipment, used in the operations of a business and not expected to be converted to cash within a year.

Current Assets

Assets that are expected to be converted into cash, sold or consumed within one year or within the operating cycle of a business, whichever is longer.