Question

Structuralists take the position that:

a.the rule of reason is appropriate and desirable in interpreting the sherman act.
b.only unreasonable anticompetitive acts should be regarded as violations of the antitrust laws.
c.industries should be judged on the basis of their technological progress and their price-output behavior.
d.an industry that has a monopolistic structure will behave monopolistically.

Answer 1

Based on the sentence above, structuralist will likely take a position that is associated in an industry by which it is composed or characterized as having a monopolistic structure and that it will likely behave in a monopolistic way. The correct answer is letter D.