Question 1 Which statement is true? A. Microsoft is subject to American antitrust laws but not those of Europe Asia or elsewhere. B. Microsoft has never been involved in an antitrust suit. C. The European Commission fined Microsoft over $600 billion for its anticompetitive behavior. D. Microsoft has always gone out of its way to be helpful to its competitors.Question 2 In general a plot of land goes to: A. whomever the government designates. B. the highest bidder. C. the person who can make the best use of it. D. the person who has been using the land over time. Question 3 The supply of land is: A. perfectly elastic. B. relatively elastic. C. relatively inelastic. D. perfectly inelastic. Question 4 Who wanted to tax away all rent from landlords? A. David Ricardo B. Henry George C. Joseph Schumpeter D. Frank Knight
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