When a court considers the net effect of a business practice that is being challenged in an antitrust case, it is:
a. declaring the practice illegal per se b. declaring the practice legal per se
c. ignoring Congressional purpose behind the antitrust laws d. rejecting the rule of reason
e. none of the other choices
e
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The tendency to attribute human characteristics to objects or animals is called anthropomorphism
Indicate whether the statement is true or false
"The Ultra Black Label series is a premium mobile phone made out of real stainless steel and complemented by multi-angle vision technology. This advanced technology allows you to view the screen contents from different angles. With the Ultra phone, you'll always be able to view the display and will never be out of touch." In what order are the features, benefits, and advantages presented in the statement?
A. Feature, advantage, and benefit B. Feature, benefit, and advantage C. Advantage, benefit, and feature D. Benefit, advantage, and feature E. Advantage, feature, and benefit
In May direct labor was 60% of conversion cost. If the manufacturing overhead for the month was $54,000 and the direct materials cost was $30,000, the direct labor cost was:
A. $20,000 B. $45,000 C. $36,000 D. $81,000
In order to estimate the average time spent per student on the computer terminals at a local university, data were collected for a sample of 64 business students over a one-week period. Assume the population standard deviation is 1.6 hours. If the sample mean is 9 hours, then the 95% confidence interval is _____ hours.
A. 7.04 to 10.96 B. 7.36 to 10.64 C. 7.80 to 10.20 D. 8.608 to 9.392