1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Veronika [31]
2 years ago
5

Federal antitrust statutes are complex, but the basic goal is straightforward: to prevent a major industry from being so dominat

ed by a small group of corporations that they destroy competition and injure consumers. Does Major League Baseball violate the antitrust laws? Many observers say that it does. A small group of owners not only dominate the industry but actually own it, controlling the entry of new owners into the game. This issue went to the United States Supreme Court in 1922. Justice Holmes ruled, perhaps surprisingly, that baseball is exempt from the antitrust laws, holding that baseball is not "trade or commerce." Suppose that a congressman dislikes this ruling and dislikes the current condition of baseball. What could he/she do?
Business
1 answer:
kicyunya [14]2 years ago
6 0

Answer:

Since it is the supreme Court that has given this decision, there is nothing much an individual congressman can do alone or even a president.

However, since anti trust laws do not cover those which are not trade or Commerce in nature, a congressman can propose to inact new laws that cover Sports related economic activities. Or they can pass a new law to include the sports related financials in the anti trust laws. But this could change the structure and the purpose of anti trust laws.

Explanation:

You might be interested in
Jackson is the owner of a small pizzeria and draws a variety of competition—from other local restaurants offering pizza to the l
Nataly [62]

Answer:

The correct answer is letter "B": False.

Explanation:

Small businesses have an advantage in differentiating their products because they are closer to their clients and are often more flexible than their bigger competitors. The differentiation of innovative goods is often a key factor in small business success.

6 0
3 years ago
Boise Timber Co. computes its break-even point strictly on the basis of cash expenditures related to fixed costs. Its total fixe
JulsSmile [24]

Answer:

285,000 units

Explanation:

The computation of the cash break-even point of sales units is shown below:

Cash break-even point = (Fixed cost - depreciation) ÷ (contribution margin per unit)

where,

Fixed cost = $7,600,000

Depreciation = $7,600,000 × 0.25% = $1,900,000

And, the contribution margin per unit is $20

So, the cash break-even point of sales units is

= ($7,600,000 - $1,900,000) ÷ ($20)

= 285,000 units

8 0
3 years ago
Comment down below if you go to Carroll High School in Monroe La
Ganezh [65]

Answer:

yesss but i graduated in 2017

6 0
2 years ago
On January 1, 2012, Piper Co., purchased a machine (its only depreciable asset) for $600,000. The machine has a five-year life,
kirza4 [7]

Answer:

Piper should report $308,000 as net income for the year . Option C

Explanation:

Accumulated Depreciation till 2014 = [$600,000×(5+4+3)] ÷ 15 = $ 480,000

Book Value at beginning 2015 = $600,000 - $480,000 = $120,000

Depreciation Expense in 2015 = $120,000 ÷ 2 = $60,000

Net Income before depreciation & taxes = $ 500,000

Depreciation = $ 60,000

Electronic Benefits Transfer = Net Income before depreciation & taxes - Depreciation

= $ 500,000  - $ 60,000  

=$ 440000

Tax Expenses = $440,000 × 30% = $132,000

Net Income =$ 308,000

4 0
3 years ago
Many places of business will not take a check, but will take a credit card. True or False
luda_lava [24]
<span>True, because if they take a check, they may be cheated because the check has an expiration date, and the credit card does not

</span>
7 0
3 years ago
Other questions:
  • On September 1, Home Store sells a mower (that costs $240) for $540 cash with a one-year warranty that covers parts. Warranty ex
    9·1 answer
  • Bethany works for an international accounting firm noted for its superior quality of work. Employees check and double-check thei
    10·1 answer
  • The manager of a crew that installs carpeting has tracked the crew’s output over the past several weeks, obtaining these figures
    11·1 answer
  • The major federal consumer protection agencies are authorized by law to: Intervene directly into the very center of free market
    6·1 answer
  • Harry has just inherited $300,000. Harry has decided to quit his job and go to school full time for the next five years by livin
    12·1 answer
  • Capitalizing costs that should be expensed: a. is a practice mostly found in large, well-established companies. b. is a healthy
    5·1 answer
  • 1. The crucible is not fired, as the procedure suggests. The mass of the dirty crucible is recorded. However, the impurities are
    10·1 answer
  • Suppose another firm found a way to offer IKEA’s customers (young buyers interested in stylish furniture at low cost) additional
    6·1 answer
  • Exercise 5-17A Record notes receivable and interest revenue (LO5-7) On April 1, 2021, Shoemaker Corporation realizes that one of
    12·1 answer
  • When Laura started working in the accounting department, she felt like her boss hovered over her all day and constantly double c
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!