In the Case in Point on antitrust policy's impact on consumers, the Ashenfelter and Hosken analysis indicated that four out of five mergers in the consumer products industry resulted in _____ prices suggesting that, pending further study, _____ government intervention might be needed.
A) higher; less
B) higher; more
C) lower; less
D) lower; more

Question

Quizplus · Accepted Answer

The Ashenfelter and Hosken analysis suggested that four out of five mergers in the consumer products industry resulted in higher prices, which implies that more government intervention might be needed to protect consumers.

In the Case in Point on Antitrust Policy's Impact on Consumers