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Hoochie [10]
2 years ago
13

Cooperation among oligopolies runs counter to the public interest because it leads to underproduction and high prices. In an eff

ort to bring resource allocation closer to the social optimum, public officials attempt to force oligopolies to compete instead of cooperating.
Consider the following scenario:

Suppose that the leaders of several oil corporations hold a secret meeting in the Cayman Islands where they agree to restrict fuel output in order to boost prices. As a result of the higher fuel prices, an airline company loses billions of dollars.

This airline company could recover three times the damages it has sustained by suing the appropriate oil corporations under which of the following laws?

A. The Celler Kefauver Act of 1950
B. The Sherman Antitrust Act of 1890
C. The Robinson Patman Act of 1936
D. The Clayton Act of 1914
Business
2 answers:
cluponka [151]2 years ago
8 0

Answer:

D The Clayton Act of 1914

Explanation:

Anna71 [15]2 years ago
6 0

Answer:

D. The Clayton Act of 1914

Explanation:

In this example, the airline company could recover the damages it has sustained by suing these oil corporations under the Clayton Act of 1914. The Clayton Antitrust Act was passed by Congress in 1914 with the intention of preventing unethical business practices among different businesses. These practices include price-fixing and monopolies.

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Gnesinka [82]

Explanation:

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4 0
2 years ago
Under section 404 of the sarbanes oxley act auditors are required to
siniylev [52]
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3 years ago
Hershey has traditionally made its Kisses from solid milk chocolate. When Hershey came out with Kisses with almonds in them, thi
Anvisha [2.4K]

Answer:

Continuous Innovation.

Explanation:

This is simply known go be continuous improvement which explained as development to produce a positive result over time.

It is an iterative process of incorporating both modest, incremental and radical revolutionary improvements in processes, product designs, services and technologies.

Continuous innovation seeks not to just fulfill expectations but also create products and services that provide only imagined functions or even entirely unexpected revolutionary changes.

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2 years ago
A music venue offers all of its customers a 40 percent discount on concert tickets for regional bands. It also offers an additio
12345 [234]

Answer:

2 tickets

Explanation:

the cost of membership is $25.

Cost of a ticket is $25

All cost get a 40 % dicsount

membersships earns a further 10% discount

total discount ofr membership eqauls 50%( 40+10)

There fore a member pays $ 12.5 { (50/100) $ 25) } for ticket

To get back cost of membership which is $25, a member need to buy 2 tricke { $25/12.5}

8 0
3 years ago
Employers are generally allowed to deduct reasonable compensation paid to employees, but the level of deductible compensation is
DENIUS [597]

Answer:

1 million.

Explanation:

Employers are generally allowed to deduct reasonable compensation paid to employees, but the level of deductible compensation is limited to a maximum of $ 1,000,000 for the CEO, CFO, and the next three highest paid officers of publicly traded corporations unless certain exceptions are met.

8 0
2 years ago
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