Answer:
C. it will sell its products only to people who agree to buy only from it and not from rival firms.
Explanation:
Generally, any business can choose its business partners. But, under certain circumstances, there are limits on this freedom for a firm with a big market power.
There is an attempting to define those limited situations when this kinds of firm may violate antitrust law:
- The first option is that it violate the antitrust law by refusing to do business with other firms, or do business but under certain requisites. The key here is how the refusal to deal helps the monopolist maintain its empire, or allows the monopolist make an strategy where its monopoly is use in another market to attempt to monopolize other market.
- They can also refuse to deal with customers or suppliers, what cause the effect of preventing them from dealing with a rival: "If you deal with my competitor, I refuse to deal with you."
- Also, regarding to a firm dealing with its competitors, if the monopolist refuses to sell a product or service to a competitor and it makes it available to others, or if the monopolist has done business with the competitor and then stops, then the monopolist needs a legitimate business reason for its actions.
Answer: Last winter, the company’s research team members visited Japan. They were eager to explore ancient Japanese techniques for preserving documents. After visiting many places, the team found some fine examples of wax-coated scrolls in a library in Osaka. However, they couldn’t find the famous silk films that they wanted to see. Disappointed, they returned to Chicago .
Answer:
A
Explanation:
A financial calculator is needed to calculate the number of months needed to pay off for the TV
FV = 0
PMT = $10
PV = -$300
I = 18% / 12 = 1.5%
N = 40.15 years
Jerry will find the point of equilibrium. This is the point where marginal cost equals marginal revenue. This is the point that is Jerry produces anymore, it will start to cost him more than he makes. Thus, Jerry will stop providing new service at this point.
Answer:
Units of Product XYZ must be produced during October are A) 1,400
Explanation:
Units of Product XYZ must be produced during October = Units of Product XYZ are sold during October + units of Product XYZ on hand October 31 - units of Product XYZ on hand October 1.
Gala Corporation has 300 units of Product XYZ on hand on October 1 and 500 units on hand October 31.
The company plans to sell 1,200 units of Product XYZ during October.
Units of Product XYZ must be produced during October = 1,200 + 500 - 300 = 1,400 units.
