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nydimaria [60]
3 years ago
8

Suppose that the presidents of two auto manufacturing companies exchange text messages in which they discuss jointly raising pri

ces on their new lines of hybrid SUVs. Which law does this illegal communication violate?
Business
1 answer:
Svetradugi [14.3K]3 years ago
5 0

Answer:

Sherman Antitrust Act of 1890

Explanation:

Based on the information provided within the question it can be said that this communication is violating the Sherman Antitrust Act of 1890. This Act was passed prohibiting any contract, trust, or conspiracy in restraint of interstate or foreign trade in order to prevent oppressive business practices and monopolies. This is what the two companies are doing by agreeing to jointly raise the price they are able to control the entire markets price thus creating a monopoly in the automotive industry, which forces consumers to pay a lot more than what the vehicles are actually worth.

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Who is the First african american millionaire invented black hair care products?
Shalnov [3]

Answer: Madam C. J Walker

Explanation: Madam C.J Walker was an entrepreneur, who made her fortune from the manufacture of hair care product for blacks through her company named Madam C. J Walker manufacturing company situated in Indianapolis, Indiana. She was regarded as the first African American millionaire, earning her fortune through her entrepreneurial skill. She's fondly renowned for her philanthropic accomplishments and contribution towards the African American community.

6 0
2 years ago
Castle State Bank has the following financial information.
Setler79 [48]

Answer:

Castle State Bank's equity multiplier is 2.2

Explanation:

Total Assets = $2,200

Total Liabilities and Equity = $2200

Net Loans = $1,200

Total Equity = $2,200 - $1,200 = $1,000

Equity multiplier = Total Assets / Total Shareholders Equity

Equity multiplier = 2,200 / $1,000

Equity multiplier = 2.2

Total Assets is equal to Total equity and Liabilities. Total equity and Liabilities includes the balance of Both equity and liabilities. Total equity is calculated by subtracting Total Loans from Total equity and Liabilities.

4 0
3 years ago
Sutter Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. T
Elena L [17]

Answer:

The universal sign for choking is __________.

A.

two balled fists pressing the abdomen

B.

pointing at an open mouth

C.

two hands grasping the neck

D.

pretending to cough

Explanation:

3 0
3 years ago
tumutukoy sa tuwirang pagsupil sa diwang makabayan sat pagkat aaklas ng mga pilipinas laban sa mga amerikano​
mihalych1998 [28]

Answer:

<h3><u>P</u><u>i</u><u>l</u><u>i</u><u>p</u><u>i</u><u>n</u><u>a</u><u>s</u><u>y</u><u>o</u><u>n</u></h3>

<u>h</u><u>o</u><u>p</u><u>e</u><u>f</u><u>u</u><u>l</u><u>l</u><u>y</u><u> </u><u>h</u><u>e</u><u>l</u><u>p</u><u>:</u><u>)</u>

Explanation:

  • <u>#</u><u>C</u><u>a</u><u>r</u><u>r</u><u>y</u><u>O</u><u>n</u><u>L</u><u>e</u><u>a</u><u>r</u><u>n</u><u>i</u><u>n</u><u>g</u>
8 0
2 years ago
Your parents will retire in 29 years. They currently have $200,000 saved, and they think they will need $2,400,000 at retirement
zhannawk [14.2K]

Answer:

8.95%

Explanation:

Data provided in the question:

Time, n = 29 years

Principle amount = $200,000

Future value = $2,400,000

Now,

Using the compounding formula

Future value = Principle × [ 1 + r ]ⁿ

here,

r is the interest rate

Thus,

$2,400,000 = $200,000 × [ 1 + r ]²⁹

or

[ 1 + r ]²⁹ = 12

taking the natural log both the sides, we have

29 × ln(1 + r) = ln(12)

or

ln(1 + r) = 0.08569

or

1 + r = e^{0.08569}

or

1 + r = 1.0895

or

r = 0.0895

or

r = 0.0895 × 100% = 8.95%

3 0
3 years ago
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