In 2 or 3 sentences, describe how antitrust laws encourage competition. ( this is actually for enconomics class)

1 answer:

7 0

Antitrust laws prevent monopolies. A monopoly is a company or business that dominates a particular market to such an extent that there is no viable competition to that company. Since a monopoly does not have any other serious competition in a market, the monopoly is at greater liberty to charge higher prices and offer lower-quality prices. Antitrust laws break up or limit the size of monopolies, allowing other companies to enter a market.

You might be interested in

The high wages enjoyed by colonial workers were primarily caused by A) little competition from English craftsmen B) monopolies g

amid [387]

Answer:

The high wages enjoyed by colonial workers were primarily caused by existence of so much land.

8 0

2 years ago

The government has complete control over every aspect of the lives of the citizens in which form of government?

Marysya12 [62]

If totalitarian is an option, that’s the one

4 0

3 years ago

Read 2 more answers

The first step in creating a budget is

Ann [662]

The first step in creating a budget is listing all one's present expenses to see where one's money is being spent at the present and then trying to see where expenses can be reduced and also to set limits to different categories like say groceries say $450 per month for that for two people for example. It is also necessary to see what are the sources of income and when these might change or improve ie getting a pension at age 65 for example, to help pay the bills.

8 0

3 years ago

Which of the following scenarios would most likely be considered a violation of the Twenty-second

xz_007 [3.2K]

The scenario that is most likely to be considered as a violation of the Twenty-second Amendment is A sitting president runs for a third term in office after overwhelming support from the American public

Explanation:

The Twenty-second Amendment to the United States Constitution talks about an individuals eligibility to contest in the presidential election of united states .

According to the Twenty second amendment a individual can not contest in the presidential election for more than twice .Also as per the amendment no individual can be elected for a term exceeding 2 years of tenure.

The 22nd Amendment was ratified in the year 1951 and was passed in reaction to President Franklin D. Roosevelt's four terms in office.

A sitting president runs for a third term in office after overwhelming support from the American public

so the above mentioned scenario is a violation of the Twenty-second Amendment

8 0

2 years ago

Read 2 more answers

Which of the following are the goals of science and psychological research? subjectivity prediction myth common sense

Makovka662 [10]

Answer:

common sense

Explanation:

We will explain this answer in comparison with other options.

Subjectivity: science isn't subjective but objective. Scientific studies are based on facts and not bias

Prediction: science cannot be said to predict anything but simply works with data available to assess past, current and what-could-be future events.

Myth: science isn't based on myth which is an unverified story based on belief

Common sense: this is basically defined as sound judgement based on perception of situation and facts. Scientists are known to build on common sense reasoning in their complex theories. This is because these judgements work largely with logic and sound reasoning.

5 0

3 years ago