By making involuntary exchanges illegal,
A) criminal law eliminates such exchanges
B) tort law contributes to economic efficiency
C) criminal law channels energies into activities that benefit everyone
D) criminal law reduces producer surplus while increasing consumer surplus
E) antitrust law contributes to monopolization of markets
Correct Answer:
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Q16: An economic function of criminal law is
Q17: Robbery reduces economic efficiency by
A)creating voluntary exchanges
B)decreasing
Q18: The Sherman Antitrust Act prohibits price fixing
Q19: Contracts tend to increase the level of
Q20: Individuals in countries with _ often spend
Q22: Anti-trust law
A)has been used to create monopolies
B)has
Q23: A firm is said to have monopoly
Q24: Using anti-trust law to break up a
Q25: If firms make agreements that reduce the
Q26: Which of the following is an example
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