Multiple Choice
In the late nineteenth century, technological improvements and cheaper transportation in the United States led to
A) a decrease in minimum efficient scale in many industries
B) an increase in minimum efficient scale in many industries
C) an overall reduction in productive efficiency
D) a narrowing of markets
E) price increases in many industries
Correct Answer:

Verified
Correct Answer:
Verified
Q147: The increase in competition in the United
Q148: Under U.S.antitrust law, a consent decree allows
Q149: A monopoly is likely to charge a
Q150: If there are only two firms in
Q151: Which of the following is a problem
Q153: Exhibit 15-1 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6784/.jpg" alt="Exhibit 15-1
Q154: If an industry consists of only four
Q155: If an industry currently has a Herfindahl
Q156: The Clayton Act prohibits all horizontal mergers,
Q157: Increased international trade and deregulation have resulted