In U.S. v. El Paso Natural Gas, where El Paso wanted to merge with another natural gas pipeline company, the Supreme Court would not allow the merger because:
a. the concentration ratio in the relevant product market was too high
b. the concentration ratio in the relevant geographic market was too high c. a vital utility like natural gas should not be monopolized
d. the firms were potential competitors e. none of the other choices
d
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In December 2012, Australia implemented some of the world's most stringent antismoking regulations which included a ban on brand logos and prominent placement of graphic photographic images of smoking-related illnesses and disfigurement on cigarette
packs. Indicate whether the statement is true or false
Strawberry Fizz is a renowned bottled juice manufacturer in the United States. It exports its products to Mexico, has a joint venture in Hong Kong, and owns a subsidiary in South Africa
The company has organized an export department to manage its international marketing activities. Do you think it has made the right decision? Justify your answer.
Low-back injuries account for ________ of all workers' compensation claims and cost an average of $15,000, more than twice the average workplace claim.
A. one-third B. three-quarters C. one-fifth D. one-half
Normal costing uses the actual allocation base activity to apply manufacturing overhead costs to jobs during the period.
Answer the following statement true (T) or false (F)