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lianna [129]
3 years ago
6

Monopoly power runs counter to the public interest because it leads to high prices, resource misallocation, and inefficiency. An

titrust policy is one of the government's instruments for curbing monopoly power and protecting competition.
Suppose that a major tire retailer purchases a major manufacturer's car tires at a discount on the condition that it must also purchase the manufacturer's truck tires. As a result of the agreement, several tire manufacturers lose their market shares and eventually exit the industry. This agreement would explicitly violate which of the following laws?

The Clayton Act of 1914

The Sherman Antitrust Act of 1890

The Robinson–Patman Act of 1936

The Celler–Kefauver Act of 1950
Business
1 answer:
Stells [14]3 years ago
6 0

Answer:

C. The Robinson–Patman Act of 1936

Explanation:

The Robinson-Patman Act of 1936 is an amendment to The Clayton Act of 1914, which particularly prohibits price discrimination. Price Discrimination is an act in which distributors or sellers of certain goods, give discounts to people who they seem to benefit more from while smaller shops buy the goods at a costlier price.

The instance where the major tire manufacturer has an agreement to make a price discount with the manufacturer of truck tires is an example of price discrimination, and the consequence is that other markets are affected as they now exit the market. This is a clear contravention of the Robinson-Patman Act of 1936.

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8.Kline and Salomon form the KS Partnership as 50/50 partners. Kline contributes equipment that has a fair market value of $60,0
mojhsa [17]

Answer: $40,000

Explanation:

Kline brings in equipment that is worth $60,000 but has a basis of $45,000.

The equipment however is subject to a loan of $10,000.

This loan will have to be deducted from the basis. The partnership however is assuming the loan and Kline is only 50% liable in the partnership so Kline's basis will only be affected by half of the loan.

Basis = 45,000 - 5,000

= $40,000

5 0
3 years ago
David saves money from his teaching job to buy a new boat when he retires in 20 years. The boat will cost $30,000. He has $12,00
LuckyWell [14K]

Answer:

True

Explanation:

The main advantage of a compound interest account is that the interest that you earn also earns interest, so the total amount of earned interest increases.

For example, a $10,000 account earning simple interest at a 4% rate will earn $4,000 in ten years. While the same amount in a compound interest account will earn $4,802.

7 0
3 years ago
discretionary fiscal policy is a fiscal policy action, such as Group of answer choices an increase in payments to the unemployed
Olegator [25]

Discretionary fiscal policy is a fiscal policy action, such as a tax cut, initiated by an act of Congress.

What is discretionary fiscal policy?

Discretionary fiscal policy is a policy in which government uses taxation and spending to influence aggregate demand.

Hence, Discretionary fiscal policy is a fiscal policy action, such as a tax cut, initiated by an act of Congress.

Learn more about fiscal policy here: brainly.com/question/6483847

#SPJ12

3 0
1 year ago
Chelsea Fashions is expected to pay an annual dividend of $1.26 a share next year. The market price of the stock is $24.09 and t
Stells [14]

Answer:

a. 7.83 percent

Explanation:

This is calculated by using the Gordon growth model (GGM) formula as follows:

P = d / (r - g) ……………………………………… (1)

Where;

P =  market price of the stock = $24.09

d = next year annual dividend = $1.26

r = cost of equity = ?

g = dividend growth rate = 2.6%, or 0.026

Substituting the values into equation and solve for r, we have:

24.09 = 1.26 / (r - 0.026)

24.09 (r - 0.026) = 1.26

24.09r - 0.62634 = 1.26

24.09r = 1.26 + 0.62634

24.09r = 1.88634

r = 1.88634 / 24.09

r = 0.0783038605230386, or 7.83038605230386%

Rounding to 2 decimal places. we have:

r = 7.83%

Therefore, the correct option is a. 7.83 percent.

3 0
3 years ago
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Citrus2011 [14]

The important consideration for this company is that they should think or have at least the idea of the patents, trade secrets and copyrights are being treated differently by the countries in which is one way of helping them of how they should struggle or do their way of doing things.

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