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Hoochie [10]
3 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]3 years ago
8 0

Answer:

D The Clayton Act of 1914

Explanation:

Anna71 [15]3 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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The focus of what a person or organization ought to do in when faced with a particular situation is referred to as: a. Substanti
galben [10]

Answer:

c. Normative ethics

Explanation:

Ethics involves the study of the moral principles and guidelines that determines how an individual behaves. Since people and organizations operate in a social environment, where they interact with other organizations and people, ethics has to be considered to improve how people and organizations act and behave.

1. Substantive ethics

Substantive ethics involves the formulation of guiding principles that can be used during cases of ethical dilemma.

2. Emotional ethics

It consists of the feeling and intuition that play a major role into how people behave in a given situation.

3. Normative ethics

It involves the study of ethics by looking at how an individual ought to act and the implications of that behavior. It involves asking questions about how one needs to behave in a given situation then considering the ethics of that action. It is a kind of predetermined cause of action that an individual is supposed to apply in order to arrive at specific ethical behavior.

4. Behavioral ethics

Behavioral ethics involves the study of ethical and unethical behavior and coming up with reasons as to why individuals choose to behave ethically or unethically.

6 0
3 years ago
The YTM on a 2 year zero coupon bond is 5% and the YTM on a 1 year zero coupon bond is 3%. What does the no-arbitrage condition
tresset_1 [31]

Answer:

<em>$111.11 or 111.11% of face value</em>

Explanation:

Assuming the face value of $100 for all bonds (without loss of generality)

If the two year coupon bond is repackaged as a one year zero coupon bond paying $12 after one year and another two year bond paying $112 after 2 years, the price of the two zero coupon bonds are given as

Price of one year Zero coupon bond = 12/1.05 = $11.43 (one year ZCB has YTM of 5%)

Price of two year Zero coupon bond = 112/1.06^2 = $99.68 (two year ZCB has YTM of 6%)

So, one can sell the repackaged bonds at a price = $11.43+ $99.68 = $111.11 or 111.11% of face value

7 0
2 years ago
A food worker vomits a few hours before he is scheduled to work, but he feels better in
Mila [183]
It’s B or D i would think but I can’t be for positive.. sorry if it’s wrong
3 0
3 years ago
Read 2 more answers
Sumitomo Bank, a large bank in southern California, has just purchased 120 high-speed telephone fax machines (costing about $1,3
Kruka [31]

Answer:

A) accessory equipment.

Explanation:

Accessory equipment is equipment that is fixed on a place or fixed to other equipment. If the accessory equipment is removed, the original equipment will continue to function as it did before.They must be depreciated since they cannot be expensed.

In this case, the fax machines work along side the telephones of Sumitomo bank and if removed, the telephones would still work. The IRS classifies fax machines as part of office furniture, fixture and equipment, and establishes a 7 year depreciation period.

7 0
3 years ago
Several of the readings highlight the differences between firms in realizing IT value. What do you think are the biggest factors
jeyben [28]

Several of the readings highlight the differences between firms in realizing IT value. The biggest factors in creating these differences are growth prospects , earning history , location, concentration, staff and management, reputation etc.

Growth prospects - this factor looks at how much potential the business has to grow in the future.

Earning history - In earning history, income is a major factor in valuation of any business.

The importance of IT value is the first way to increase value is simply to increase the speed you deliver the kind of value people are willing to, offer better quality.

Learn more about IT here

brainly.com/question/13171394

#SPJ4

7 0
2 years ago
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