Answer:
<h2>Under Clayton Act, these price differences will not be considered an unlawful or illegal,provided that they are related to the production or transportation of the concerned goods or services.</h2>
Explanation:
- Clayton Act is an antitrust legislation passed in United States in 1914 in order to prevent unethical or immoral business or market practices by the business firms or organizations and promote economic welfare in respective commercial markets.
- It is essentially an antitrust regulation which prohibits various antitrust activities in the market such as illegal or unauthorized mergers or acquisitions, price discriminatory practices by firms or companies and other illegal corporate conducts or practices.
- However, with regards to product or service pricing,any price charged differently to various retail entities by firms or companies to sell its products or services which are directly related or proportionate to the relevant production and transportation or supply chain expenses will not be considered as any unethical price discrimination.
Answer:
$100
Explanation:
Simple interest is calculated using the formula
I = P x R x T
where I = interest
P= principal amount, $1,250
R= interest rate , 8% or 0.08
T = Time, one year
The interest troy will earn is
I= $1250 x 0.08 x 1
= $100
Troy will earn $100 as interest
Statistics is your answer i believe
Answer: The correct option is C. One, zero.
Explanation:
When income elasticity is greater than one, it indicates that the quantity demanded is greater than the rise in income.
As quantity demanded increases, it will lead to a decrease in price to the extent that the percentage change in price will outweigh the percentage change in quantity demanded, meaning that the price elasticity is greater than zero.
When these two elasticities are combined, the resulting effect will be an increase in the level of consumer spending on smartphones.
If they cannot successfully collude and instead produce where the market price equals marginal cost, the market price will be higher.
More about market price:
The price at which a good or service can currently be purchased or sold is known as the market price. The dynamics of supply and demand influence the market price of a good or service. The market price is the cost at which the quantity supplied and the quantity demanded are equal.
In order to determine consumer and economic surplus, the market price is used. Customer surplus, also known as the market price, is the difference between the highest price a consumer is willing to pay and the actual amount they pay for the commodity.
Learn more about market price here:
brainly.com/question/17218349
#SPJ1