Answer:
The correct answer is: Yes, the bakeries violate the antitrust laws.
Explanation:
The U.S. Clayton Antitrust Act of 1914 is the legislation that regulates antitrust business practices that do not allow fair competition within a market. Three are the main unfair techniques forbidden by the Clayton Act: <em>anticompetitive mergers, tying arrangements, </em>and<em> exclusive agreements.</em>
In anticompetitive mergers firms offering similar products unite to settle the prices of the goods creating a form of monopoly. <em>Therefore the 50 bakeries of New York who gathered to raise the price of bread from $0.75 to $0.85 are breaking the Clayton Antitrust Act of 1914.</em>
Answer:
best efforts
Explanation:
As it name suggests, a best efforts IPO takes place when an underwriter cannot commit completely to a client because the market interest in the firm is not certain. So the underwriter "promises" to make its best effort to carry out a successful IPO, but cannot guarantee it. On the other hand, when the market interest is very large, underwriters themselves purchase the entire IPO through a firm commitment IPO.
Most operating decisions of management focus on a narrow range of activity called the relevant range of production. This is further explained below.
<h3>What are
operating decisions?</h3>
Generally, Decisions about daily operations are the kinds of particular business choices that are made by every company on a daily basis. There are millions upon millions of these that have been taken, and thousands upon thousands of distinct varieties. Decisions on how to operate day-to-day activities in a firm are called "operational" and are made by a variety of employees.
In conclusion, The majority of operational choices made by management center on a certain subset of activities, which is referred to as the relevant range of output.
Read more about operating decisions
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Here are the five basic principles found in a free enterprise system:
1) Governments have no control over the buying & selling of products & services.
2) The "invisible hand" of market supply and demand occurs
3) Governments may only be involved with to provide education, the army, and public health services (and other merit goods)
4) Governments may only provide public goods (such as lampposts) which bring no profit for sales people, as you cannot stop people from using those items.
5) Usually, there's a great difference in the distribution of wealth
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Answer:
Project Kansas City
Explanation:
Payback period: It reflects the period at which the investor recovered their invested money. It always shows in years.
IRR: It refers to the internal rate of return. It shows an interest rate at which the Net present value is zero or the initial investment and the present value of all years cash flow would be equal
In the question, it is mentioned that Project Kansas city has a payback period of 27 months and IRR is 6% whereas the project Spokane has a payback period of 25 months and IRR is 5%.
So if we compare both the projects based on IRR, the project Kansas city has higher IRR which means it produces a higher return in the near future.
