Ann Burkman has just completed her residency in opthamology at the University of Oregon and is looking for office space to begin her practice in the Las Vegas area. A rental agent has shown her a medical building office that is attractive, accessible,
and reasonable. As Burkman is about to commit to the space, the rental agent asks, "You aren't one of those advertising doctors are you? Because if you are, the others in the building will not approve your lease." Have the building doctors committed any antitrust violations with their policy?
The action by the doctors is a boycott because of their feelings about medical advertising and would also be a restraint of trade.
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There are many challenges to changing doctors, including transferring medical records and losing the doctor patient relationship along with the doctor's knowledge of the patient's history. Changing doctors provides a great example of switching costs.
Answer the following statement true (T) or false (F)
A follower with low-level motivation and mid-to-high level ability to complete the job benefits from ______.
A. a leader who provides a high level of support B. a leader who directs tasks carefully C. a leader who stays out of the day-to-day tasks D. a leader who is both a cheerleader and authoritarian
Which of the following is not correct regarding the provisions of IAS No. 8 on accounting changes and error corrections?
a. A change in accounting estimate is reflected in the current and future periods. b. A change in depreciation method (such as from an accelerated method to the straight-line method) is classified as a change in estimate. c. A change in depreciation method (such as from accelerated method to the straight-line method) is classified as a change in accounting principle. d. IAS No. 8 generally reflects a preference for restating prior results to improve comparability of financial statements.
Which of the following services provided by a wholesaling intermediary would be an example of the intermediary’s creating place utility for consumers?
a. ?risk taking b. ?selling c. ?financing d. ?transporting e. ?buying