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sp2606 [1]
3 years ago
15

Venus LLC is a large monopolistic electronic firm. The firm has been putting a lot of pressure on some of the complementor compa

nies, asking them to bundle their products along with the products made by Venus LLC, which will make it mandatory for customers to buy Venus LLC products along with the complementary products, even if they are unrelated. In this scenario, Which of the following does Venus LLC's actions demonstrate
A) Agency strategy
B) Dumping strategy
C) Price limiting
D) Anticompetitive behavior
E) On-the-job consumption
Business
1 answer:
valina [46]3 years ago
7 0

Answer:

D) Anticompetitive behavior

Explanation:

Venus LLC is using or abusing of its market power to try to force its customers to buy its products in bundles. When a customer is forced to buy a product he/she doesn't want in order to purchase the product they are interested in is called horizontal tying. E.g. you want to buy a TV and you must  also buy a subscription to a cable operator.

In this case, even the companies that manufacture the complementary products are being pressured to carry on this unethical practice. Sometimes horizontal tying can be considered illegal, but not always. It depends on the specific details of each case.

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Answer:

C. Spencer will win because regardless of whether Glen was acting within the scope of his employment, Sally is liable for his negligence

Explanation:

Spencer will win the lawsuit and Sally is liable for negligence.

This is because, Sally was the person originally hired to do the roofing job.

She hired other workers to help her with the job, so she's liable to their actions and inactions.

Sally is operating under a working agreement (contract) and has already charged a fee of $10,000 so any punitive damages would be her responsibility.

Spencer was moving around and Glen threw some roofing shingles without any word of warning to people that might be in harm's way. So for Glenn's actions, Sally is liable for his negligence.

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3 years ago
Suppose the benefit of owning a painting, in terms of your personal enjoyment, is worth 5% of the value of the painting. If the
Julli [10]

Answer:

7%

Explanation:

It would grow by 7% each year which is the rate of return on stocks

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What is the difference between an increase in demand and an increase in quantity demanded?.
Setler [38]

Answer:

Quantity Demanded is a shift up/down a demand curve

Increase in Demand is a shift in the curve itself.

Explanation:

There will be an increase in Quantity Demanded when price goes down. There is a Quantity Demand change when there is a price change. (QD goes up when Price goes down, QD goes down when price goes up)

An increase in demand is when one of the shifters of demand change. So for example, if number of consumers (one of the shifters) increase, the demand curve increases, and shifts right, meaning more quantity at each pricepoint.

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