Question

In: Economics

The "laissez-faire perspective" in antitrust policy strongly espouses in the following beliefs,except: Question 1 options: Competition...

The "laissez-faire perspective" in antitrust policy strongly espouses in the following beliefs,except:

Question 1 options:

Competition and creative destruction could lead to monopolies

Monopoly pricing and profits create incentives for firms that are economically beneficial

The focus of antitrust policy should be on market structure rather than behavior

Competition among firms is a battle for dominance

Solutions

Expert Solution

Correct Answer:

C

Explanation:

The mentioned perspective in anti-trust policies, also focuses upon the behavior so that free and fair competition is applied in the market. It helps implement anti-trust policies in the market. So, the correct answer is alternative C.

Rahul Sunny answered 2 years ago
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