If two competing manufacturers of a similar product both separately reach an independent decision not to deal with a retailer, ________ is said to have occurred, which is not a violation of Section 1 of the Sherman Act.
A. meeting of the minds
B. mental synergy
C. conscious parallelism
D. a Noerr situation
Answer: C
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The total estimated sales for the coming year is 15,000 units; the inventory at the beginning of the year is 5,000 units; and the desired inventory at the end of the year is 7,500 units. The total production indicated in the production budget is ________ units
a. 12,500 b. 22,500 c. 20,000 d. 17,500
Explain the implied warranty of fitness for a particular purpose
What will be an ideal response?
Current information for the Healey Company follows: Beginning raw materials inventory$15,200 Raw material purchases 60,000 Ending raw materials inventory 16,600 Beginning work in process inventory 22,400 Ending work in process inventory 28,000 Direct labor 42,800 Total factory overhead 30,000 All raw materials used were traceable to specific units of product. Healey Company's cost of goods manufactured for the year is:
A. $139,000. B. $137,000. C. $128,600. D. $131,400. E. $125,800.
There are five categories of distinctive marks. Which is NOT one of them?
a. fanciful marks b. arbitrary marks c. generic marks d. marks with secondary meaning