Answer:
a per se violation of antitrust law.
Explanation:
The antitrust laws can be defined as those laws that are created by the US government to protect consumers from unfair means of competition in market. The aim of creating such laws is to ensure the protection of customers from corruptive business practices and also to ensure safe healthy competitive environment among same business companies.
<u>In the given scenario, the Association of Organic Food Growers is violating the antitrust law by boycotting farmers, ranchers, etc. The antitrust laws are violated by companies in several ways among them is by boycotting</u>.
Boycotting can be defined as an agreement between several companies that excludes a group of customers or market to avert them from buying aanyy goods or products.
This boycotting agreement is a per se violation of antitrust law.
Answer:
<u>$50</u>
<u>Explanation</u>:
In the production function, Q = K0.5L0.5,
K denotes the fixed input in the short run.
First, we calculate the total cost:
Cost of Capital= 25 x $1 = $25
Cost of Labor (for a start 25 workers are used)= 25 x $1 = $25
Total= $50
Since the price of the solar panels is $100, substrating from the total cost $50 (100-50) we get $50 profit per unit of solar panel.
Answer:
a. Jasmine can be removed for cause.
Explanation:
Voir Dire is the questioning phase of jury selection in which the attorneys of both sides ask questions to see if the jury members are qualified.
When someone is removed for cause it means that the attorney thinks that the jury member can't be impartial based on bias or conflict.
In this case Jasmine can't be impartial because of her past relationship with the prosecutor.
Answer:
Annual market potential = $85,848 millions
Explanation:
The annual market potential is the expected sales value for the soft drink product for a year should the maximum number of potential consumers purchase the product at the average price.
Annual market potential = Average price × No of consuming unit × consumption rate per annum
Maximum number of consuming unit = 80%× 300 million =240 million
Consumption rate per buyer per annum = 365
Average price = $0.98
Annual market potential ($) = 0.98× 240× 365 =$85,848 millions
Annual market potential = $85,848 millions
Answer:
Readjusting once again to marketplace conditions, the next year the company produces 65,000 phones, with a retail price of $45. At the end of the year, the company’s sold almost its total supply of phones. It indicates that the equilibrium quantity of phones is 65,000, at a retail price of $45 (which would be the equilibrium price). More Resources
Explanation:
According to our curve, the equilibrium point initially is indicated by point E on the graph, but since the supply of cellphones has increased, quantity supplied increases to the graph indicated by S 1 S 1, this causes an excess of the product in the market resulting in a stiff competition which often sees the sellers reduce their prices. hope that helps.
