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Sidana [21]
4 years ago
9

What are some of the characteristics of the Clayton Antitrust Act?

History
1 answer:
lilavasa [31]4 years ago
8 0

An amendment, passed by the U.S. Congress in 1914, meant to further promote competition in U.S. businesses and discourage the formation of monopolies. This act prohibited price discrimination, price fixing, and exclusive sales contracts. The act also legalized peaceful strikes and boycotts against companies.


Read more: http://www.businessdictionary.com/definition/Clayton-Antitrust-Act.html

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A house has increased in value by 35% since it was purchased. If the current value is $351,000, what was the value when it was p
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Answer:

$260,000

Explanation:

Given the problem above, we solve for original value

Hence, in this case, we are given

percentage (35%) and the New Value ($351,000).

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Let X be the original price, Hence, X = 100%

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Divide both sides by 135

351000÷ 135 = 135÷135

2600 = 1%

Multiply both sides by 100

2600 * 100 = 1% * 100

$260000 = 100% = X

Hence, final answer is $260000

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