Answer:
d. Clayton Act
Explanation:
* The Clayton Antitrust Act, declared in 1914, proceeds to improve U.S. patronage systems now.
* Designed to encourage quicker antitrust enactment, the Clayton Antitrust Act forbids anti-competing alliances, unfair pricing and predatory, furthermore other sorts of unscrupulous corporate action.
* The Clayton Antitrust Act also preserves people, enabling lawsuits corresponding organizations and supporting the rights of labor to assemble and demur modestly.
Medical researcher recommends that the new flu shot will stop all kinds of the flu, though it was never examined or declared to be right, so as we know that this will act according to the Clayton Act as rules explained above.
<span>A department within an organization that focuses on generating profits is called a <u>profit center.</u> This is pretty self-explanatory: a profit center is there to generate profit for a company or an organization. Cost center deals with paying bills and such, revenue center gains revenue, and sales center deals with sales.</span>
Answer:
Keystone XL would be bad for wildlife, especially endangered species. Also without Keystone XL, the same amount of bitumen will be produced and the U.S. will still get all of it through the other pipeline projects. Keystone is not needed!
Explanation:
Answer:
Peter is maximizing his profit and is making an economic profit.
Explanation:
Peter's Pencils is a pencil producing firm in a perfectly competitive firm.
It produces 1,000 pencils an hour.
The total cost of producing 1,000 pencils is $500.
The market price of each pencil is $2.
The marginal cost of producing the last unit of a pencil at this point is $2.
An individual firm in a perfectly competitive market faces a horizontal line demand curve which also represents the average revenue and marginal revenue.
This means that the marginal revenue earned from the 1,000th pencil is $2.
The marginal revenue is equal to marginal cost, this implies that the firm is maximizing profits.
The average total cost of the firm is
= 
= 
= $0.5
The average total cost is $0.5 which is lower than the price. This means that the firm is earning economic profits.
