The law that Dominick's organization is abiding to when they increased his pay is the Fair Labor Standards Act (FLSA).
<h3>What does the Fair Labor Standards Act (FLSA) call for?</h3>
It states that employees should be treated in a fair manner that is consistent with the work they put in.
The Act makes this clearly by specifying that minimum wage laws should be abided by which was why the organization increased Dominick's wages when the minimum wage was raised.
Find out more on the Fair Labor Standards Act (FLSA) at brainly.com/question/14888150.
#SPJ1
Answer:
It is a prediction made from the results of some data that have been taken as the basis of an investigation.
Explanation:
A hypothesis is a conjecture or assumption made from a sample of data that serves as the basis for initiating an investigation, and its results yield what can be expected upon execution.
Answer: charge a monopoly price
Explanation:
Patents provide an exclusive right to the firm in the production and sale of a drug. This provides the firm exclusive market power to decide the price and the quantity and therefore the firm is able to charge a monopoly price and also earn monopoly profits.
When an existing patent expires and the generic producers enter the market, the price reduces due to an increase in the supply of the erstwhile patented drug. This will reduce the monopoly profit of incumbent producers. Therefore, they will seek to deter the entry of generic drug makers in order to safeguard their monopoly profits and price.
Therefore, incumbents were willing to give enough to potential entrants so as to make them delay entry to charge a monopoly price.
The effect of the 2013 Supreme Court decision allowing legal action against these companies is increase in the cost of pay-for-delay agreements and also reduce incumbent profits from these agreements.
I believe the answer would be C, but I am not sure.
