Examlex
Following a legislative decision in 2003 to reduce state funding to higher education, which source of university revenue began to increase most rapidly?
U.S. Justice Department
The federal executive department responsible for enforcing the laws of the United States and administering justice.
Federal Trade Commission
A U.S. federal agency established in 1914 to promote consumer protection and the elimination and prevention of anticompetitive business practices.
Legal Cartel Theory
A concept where a group of firms or entities legally agree to control production, pricing, or marketing of goods and services to dominate a market.
Average Total Cost
The total cost of production (fixed and variable costs combined) divided by the number of units produced, indicative of cost per unit.
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