Determine whether each of the statements regarding the regulation of mergers in the United States is true or false by dragging the true and false labels into the correct bins The Department of Justice and the Federal Trade Commission are Answer Bank responsible for approving mergers and enforcing antitrust law false true Market definition is one of the main parts of current merger guidelines. The Federal Reserve oversees the enforcement of antitrust law Measure of concentration is one of the main parts of current merger guidelines. Mergers that result in a relatively high HHI are less likely to be approved than mergers resulting in a lower HHI. Firm diversification is one of the main parts of the current merger guidelines

dont answer by pen paper

According to the Justice Department guidelines, mergers in an industry are seldom challenged if the industry O has a pre-merger HHI less than 1500 would have a post-merger Herfindahl-Hirschman Index (HHI) less than 1500 has a post-merger HHI of 10,000 would have a post-merger HHI greater than 2500 has a pre-merger HHI of less than 2500

Question 10.10.   The nondiscriminating pure monopolist must decrease price on all units of a product sold in order to sell more units.  This explains why   there are barriers to entry in pure monopoly.        a monopoly has a perfectly elastic demand curve.                           marginal revenue is less than average revenue.        total revenues are greater than total costs at the profit-maximizing level of output. Question 11.11.  Which case below best represents a case of price discrimination?  An insurance company offers discounts to safe drivers.        A major airline sells tickets to senior citizens at lower prices than to other passengers.        A professional baseball team pays two players with identical batting averages different salaries.        A utility company charges less for electricity used during "off-peak" hours, when it does not have to operate its less-efficient generating plants. Question 12.12. In which industry is monopolistic competition most likely to be…