To develop a network of dealers, Hummer vehicles are sold only at one dealership per city. Other dealers want the vehicles to sell, but are refused. The local dealers earn high profit margins due to the lack of local competition. Under antitrust law, this arrangement is likely to be found:
a. legal because producers are free to sell their products any way they wish b. illegal as a boycott of willing dealers
c. illegal because producers must make their products available at the same price to whoever wants to buy d. illegal because producers may not exploit profit margins
e. none of the other choices
e
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When the total fixed costs increase, the breakeven point ________.
A) increases B) decreases C) decreases proportionately D) remains the same
Passive listening means ________
A) focusing attentively on what a speaker says B) hearing information without actively paying attention to ensure understanding C) actively working to understand the information a speaker is providing D) trying to interpret the information presented by a speaker E) responding to a speaker to acknowledge understanding
The computer tech salesperson is confronted with the no-need objection when her prospect says, "I am not interested in buying a scanner for my computer."
Answer the following statement true (T) or false (F)
The law will carefully scrutinize contracts between Pete, a trustee, and Mason, a beneficiary of the trust, to make sure there was no undue influence by Pete
a. True b. False Indicate whether the statement is true or false