Suppose That Antitrust Laws Were Successful in Moving the Allocation

question 455

Multiple Choice

Suppose that antitrust laws were successful in moving the allocation of resources in the computer software industry closer to the social optimum. This situation would illustrate which of the following Ten Principles of Economics?

• A)Trade can make everyone better off.
• B)The cost of something is what you give up to get it.
• C)Governments can sometimes improve market outcomes.
• D)A country's standard of living depends on its ability to produce goods and services.

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Definitions:

Primitive Map

A basic organizational layout or representation within the brain or nervous system that underlies the more complex structures and functions.

Cortex

The outer layer of the cerebrum in the brain, involved in high-level functions such as sensory perception, cognition, and motor control.

Thalamus

A structure in the brain that relays motor and sensory signals to the cerebral cortex.

Gene Methylation

A chemical modification of DNA that can affect gene expression, often by silencing genes, and plays a role in cellular differentiation and disease.