One method used to control the ability of firms to capture monopoly profit in the United States is through
A)government purchase of products produced by monopolists.
B)government distribution of a monopolist's excess production.
C)enforcement of antitrust laws.
D)regulation of firms in highly competitive markets.

Question

Quizplus · Accepted Answer

Enforcement of antitrust laws is the method used by the government in the United States to control the ability of firms to capture monopoly profit. Antitrust laws are designed to prevent the formation of monopolies, break up existing monopolies, and regulate the behavior of firms with significant market power. This ensures that firms operate in a competitive market, which benefits consumers by providing them with better quality products at lower prices.

One Method Used to Control the Ability of Firms to Capture