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aleksklad [387]
3 years ago
10

When Deer Valley Resort Co. (DVRC) was developing its ski resort in the Wasatch Mountains near Park City, Utah, it sold parcels

of land in the resort village to third parties. Each sales contract reserved the right of approval over the conduct of certain businesses on the property including ski rentals. For fifteen years, DVRC permitted Christy Sports, LLC, to rent skis in competition with DVRC's ski rental outlet. When DVRC opened a new mid-mountain ski-rental outlet, it revoked Christy's permission to rent skis. This meant that most skiers who flew into Salt Lake City and shuttled to Deer Valley had few choices: they could carry their ski equipment with them on their flights, take a shuttle into Park City and look for cheaper ski rentals there, or rent from DVRC. Christy filed a suit in a federal district court against DVRC. Was DVRC's action an attempt to monopolize in violation of Section 2 of the Sherman Act
Business
1 answer:
Snezhnost [94]3 years ago
8 0

Answer:

No it wasn't a violation of Section 2 of the Sherman Act.

Explanation:

This is an actual court case which was ruled in favor of DVRC.  The court used an analogy to compare DVRC with Disneyland, where the theme park owners would not allow competition within their premises. Even though DVRC sold the land parcel to Christy Sports, a restrictive covenant was imposed at the time of the sale where DVRC could decide freely which third party businesses could operate there. Since the covenant is legal, there is no reason why DVRC will not enforce it.

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This monetary policy __________ the economy's demand for goods and services, leading to__________ product prices. In the short r
ExtremeBDS [4]

Answer:

The correct answer is: increase; rise; more; lower; option d.

Explanation:

An expansionary monetary policy leads to an increase in the money supply. This further causes the demand for goods and services increase. A rightward shift in the aggregate demand curve causes the price level to rise.  

At a higher price level, the firms will produce more goods and services. To increase output, they will need more inputs. As a result, the rate of unemployment will decrease.  

We see that there is a trade-off between inflation and unemployment. At lower inflation, the rate of unemployment will be higher and vice versa.

5 0
3 years ago
A speed boat bought for $13,000 depreciates at 10% per annum compounded continuously. What is its value after 7 years? Round the
Alex787 [66]

Answer:

9100

Explanation:

7 0
3 years ago
All of the following indicate a possible pest infestation EXCEPT:
Dominik [7]

Statement that doesn't gives indication of pest infestation as regards this question is A: Dust underneath a storage shelf.

  • Pest infestation can be regarded as the  presence of an unusually large number of insects in place They usually cause  damage or disease and it  is a result improper management of a place in an healthy way.

  • Some of the activities that can cause this at home are Egg casings behind the refrigerator which can invite pest.

  • Another one is Gnaw marks on a trash can.

Therefore, option A is correct.

Learn more at:

brainly.com/question/3842535?referrer=searchResults

6 0
3 years ago
Read 2 more answers
A seller sold a house to a buyer allowing the buyer to take over the loan on a "subject to" basis. After 2 years, the buyer defa
3241004551 [841]

Answer:

The Seller would be primarily liable

Explanation:

Since in the question, it is mentioned that the seller had sold a house to a buyer for taking up the loan i.e. based on a subject. But after two years the buyer does the default and does not pay the money.

Therefore for lending the note, the seller is primarily liable as the seller permit the buyer for taking the loan

4 0
3 years ago
Synovec Co. is growing quickly. Dividends are expected to grow at a rate of 24 percent for the next three years, with the growth
djverab [1.8K]

Answer;

$ 70.07

Explanation:

The price of the stock when the dividends level off at a constant growth rate, we then find the PV of the future stock price, including the PV of all dividends during the super normal growth period. The stock start it constant growth in Year 4, so that we can be able to find the price of the stock in Year 3, which is the year before the constant dividend growth begins as:

P3= D3(1 + g) / (R− g) = D0(1 + g1)3(1 + g2) / (R− g)

P3= $3.40(1.24)3(1.06) / (.14 − .06)

P3= $85.89

Therefore the price of the stock today is the PV of the first three dividends, we then add it with the PV of the Year 3 stock price.

Hence the price of the stock today will be:

P0= $3.40(1.24) / 1.14 + $3.40(1.24)2/ 1.142+ $3.40(1.24)3/ 1.143+ $85.89 / 1.143

P0= $70.07

The current shape price is $70.07

7 0
3 years ago
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