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AlladinOne [14]
3 years ago
15

What is the purpose of the sherman antitrust act

Business
2 answers:
tamaranim1 [39]3 years ago
7 0
To destory monopolies that were using their power to harm society.
DaniilM [7]3 years ago
5 0

Answer:

The Sherman Act is the first antitrust law in the United States to proclaim a crime to prevent the freedom of trade by creating a trust and conspire with such a purpose. The act obliged federal prosecutors to prosecute such criminal associations and imposed fines, confiscations, and prison sentences of up to 10 years.

Sherman’s act was not directed against trusts as such, but against obvious restrictions on freedom of trade (both between US states and international) - including, personally, against John Rockefeller and his Standard Oil.

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1. Analyze financial statements. 2. Transfer journal entries to ledger 3. Prepare the financial statements. 4. Record transactio
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<h3>What is profit and loss?</h3>

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7 0
3 years ago
Four students from your economics class are sitting in a local restaurant discussing the market for coffee. Below are quotes fro
Nastasia [14]

Answer:

D. Tasha: "If coffee drinkers expect the price of coffee to rise next month, then current demand will go up and lead to a price increase this month."

This is the only one with incorrect economic analysis

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A. is correct because a shortage of supply would drop the price as we can see in the Graph 1 with the supply curve.

B. is correct because if the two goods are substitues then a lower price for caffeinated soft drinks like Mountain Dew would cause the consumer demand for coffe to go down because the consumers would prefer the good with lower price, rising the demand for Mountain dow in detriment of coffe.

C. is correct as we can see in the Graph 1, the increse in the demand would generate a higher price but it would make the demand go back to D1

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Answer:

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Since revenue cycle is capturing of bills and payment for product or service rendered. The work mentioned in the problem is part of revenue cycle.

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