Competition or antitrust laws are intended to prevent __________.

Fill in the blank(s) with the appropriate word(s).


monopolies

They differ among countries. For example, a cartel that does not harm is legal in the EU but not in the U.S.

Business

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Which statement BEST describes a criterion for drawing a quota sample?

a. The researcher does not try to control the representative nature of the sample. b. The researcher must draw all subjects in a population who meet the control di-mensions. c. The researcher tries to manage the representative nature of the sample by limiting the number of control dimensions. d. If a potential subject meets some but not all of the control dimensions, the re-searcher should exclude that subject from the study.

Business

For retailers, promotion refers to

A. the image a store attempts to maintain through its pricing strategy. B. supply chain communication. C. the seasonal discounts offered to move end-of-season items. D. the relationship between price and product. E. both their in-store environment and their media communications.

Business

Which of the following would be a "common" cause of variation?

A) random sources B) a machine in need of repair C) an untrained worker D) a defective raw material

Business

Canister Industries uses labor hours to apply variable overhead to production. If the company's workers were very inefficient during the period, which of the following statements would be true about the variable-overhead efficiency variance?

A. The variance would be favorable. B. The variance would be unfavorable. C. The variance would be the same amount as the labor efficiency variance. D. The nature of the variance (favorable or unfavorable) would be unknown based on the facts presented. E. None of the answers is correct.

Business