Assume that Samorola has entered into an enforceable resale price maintenance agreement with Trint and U-Mobile. Which of the following will always be true?
a. The wholesale price of Samorolas will be different for Trint than it is for U-Mobile.
b. U-Mobile will benefit from customers who go to Trint for information about different mobile phones.
c. Trint will sell Samorolas at a lower price than U-Mobile.
d. U-Mobile and Trint will always sell Samorolas for exactly the same price.
d
You might also like to view...
U.S. tariffs on Canadian lumber have led to ________ production of lumber within the United States
A) the elimination of B) making illegal the C) an increase in D) a decrease in E) no change in
The federal government pays airlines to service small cities in the United States through a subsidy program called Essential Air Service which was established in 1978 when the airline industry was deregulated
Most subsidies can't exceed $200 per passenger. Without this subsidy, what is TRUE? A) There would be higher prices and fewer flights. B) There would be lower prices and fewer flights. C) There would be an increase in supply. D) There would be a decrease in demand.
Judy is planning to sell an antique grandfather clock that she values at $200. If she sells the clock on Craigslist, it will be bought by someone who values it at $450. If she uses an antique dealer to sell the clock, it will be bought by someone who values it at $850. The antique dealer will charge Judy $100 to sell the clock, which just covers the antique dealer's opportunity cost of selling the clock. Relative to selling the clock on Craigslist, selling the clock through an antique dealer will lead:
A. to no change in total economic surplus. B. total economic surplus to increase by $400. C. total economic surplus to increase by $300. D. total economic surplus to decrease by $100.
The statement that “repaying our enormous national debt will ruin the nation” is
A. true, because taxes will have to go up by such large amounts that American citizens will have very little income to live on. B. true, because most of our national debt is owed to foreigners. C. false, because the government will take emergency measures to prevent national bankruptcy. D. false, because each time the principal on the debt comes due, the U.S. Treasury rolls it over by issuing more debt.