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KATRIN_1 [288]
2 years ago
13

A firm defending itself in an antitrust suit would prefer the market it operates in to be defined _____________, which _________

_____ the firm's market share compared to what it might be judged otherwise.
a. narrowly; lowers


b. narrowly; raises


c. broadly; raises


d. broadly; lowers
Business
1 answer:
kaheart [24]2 years ago
8 0

Answer:

d. broadly; lowers

Explanation:

An antitrust lawsuit can be defined as the way in which suit are been filed under federal or state antitrust laws in which the lawsuit can either be brought by a company's competitors for anticompetitive business practices or by purchasers of a product or service.

Antitrust laws can also be seen as a form of regulations that help to monitor the distribution of economic power in business by making sure that competition that are healthy are been allowed to flourish so that the economies can grow which is why Antitrust laws are often apply to nearly all industries and sectors.

Therefore A firm defending itself in an antitrust suit would prefer the market it operates in to be defined BROADLY which LOWERS the firm's market share compared to what it might be judged otherwise

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17.5%

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return = $250,000 - %100,000 - $80,000 = 70,000

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2 years ago
average fixed costs a. will always increase as output increases. b. are defined as the change in total costs divided by the chan
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Answer:

<h2>The Average cost usually decreases as the output expands.Hence,the answer in this case would be option c. or will always decrease as output expands.</h2>

Explanation:

  • Fixed costs or expenses of production refers to those that are fixed or constant through out the production process or does not depend on the changes or adjustments in the actual output or production level.
  • Some of the common examples of fixed cost of production include building rent,utility bills,land rent,insurance and interest payments.Note that these costs and expenses are fixed and unchanged and any firm or company has to pay them regardless of the production or output level.
  • Now,since the average fixed cost of production is calculated by dividing the total fixed cost of production by the quantity of output produced by the firm at any particular period of time,the average fixed cost of production will decrease.As the output expands the denominator of the average fixed cost formula will increase but note that the numerator of the formula or the total fixed cost of production will always remain constant.Therefore,the average cost of production keeps decreasing with an increase in output or production level,signifying economies of scale.
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Explanation:

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Answer:

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