Gilded/Progressive Test - Combinations Question Preview (ID: 36932)


Combinations And Monopolization. TEACHERS: click here for quick copy question ID numbers.

Standard Oil creates a trust and runs oil refining companies
a) Horizontal Integration
b) Vertical Integration
c)
d)

Standard Oil builds oil pipelines to ship crude oil.
a) Vertical Integration
b) Horizontal Integration
c)
d)

Comcast tries to buy Time Warner
a) Horizontal Integration
b) Vertical Integration
c)
d)

This act made monopolies illegal
a) Sherman Anti-Trust Act
b) Richardson Anti-Trust Act
c) Wagner Anti-Trust Act
d) Thomas Anti-Trust Act

Vanderbilt buys controlling interest in NY railroads.
a) Horizontal Integration
b) Vertical Integration
c)
d)

ATandT sells on the East Coast and Verizon sells only on the West Coast
a) Market Allocation
b) Price Fixing
c) Embezzlement
d) Concerted Effort to Deal

This index allows oligopolies but not monopolies
a) HHI
b) SEC
c) FTC
d) AJM

Gourmet and Toshi's teriyaki both decide to sell chicken teriyaki for 10
a) Price Fixing
b) Intent to Monopolize
c) Market Allocation
d) Cornering the Market

What best defines market share?
a) The percent of the market controlled by a company or product
b) Stock at market value
c) Monopolization
d) The amount of brands owned

To determine if the market is too saturated and competition is limited
a) Square the market share
b) Add all the market shares
c) Look for price fixing
d) Hear testimony in court

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