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Which of the Following Should Be the Supreme Court's Preferred

Question 1

Multiple Choice

Which of the following should be the Supreme Court's preferred course of action, if it wants to determine the degree with which margarine can act as a substitute product for butter due to the latter's increase in prices?


A) The Supreme Court should encourage monopolistic competition between two primary margarine producers.
B) The Supreme Court should determine the degree of the second-line injury between two margarine distributors.
C) The Supreme Court should look at the cross-elasticity of demand between margarine and butter.
D) The Supreme Court should look into alcohol and all its related beverage consumption patterns.
E) The Supreme Court should determine the degree of the first-line injury between two butter producers.

Correct Answer:

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