Illegal horizontal price fixing:
a. occurs when a manufacturer requires the retailers to sell its products at specific prices
b. occurs when a firm at one level of business controls the price of a firm's product at another level c. ties the sale of one product at a particular price to the sale of another product
d. occurs when competitors agree to act together to set prices for their products e. none of the other choices
d
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What does the scope of the firm refer to?
A. the firm's capability to employ vertical integration strategies B. the range of activities the firm performs externally and its social responsibility activities C. the range of activities the firm performs internally and the breadth of its product offerings, the extent of its geographic market, and its mix of businesses D. to gain competitive advantage based on where it locates its various value chain activities E. to prevent foreign competition from affecting the market
Communication is successful only when A) verbal feedback has been sent to the receiver
B) no noise occurs during the communication process. C) verbal and nonverbal feedback have been sent to the receiver. D) the receiver understands an idea as the sender intended it.
Nathan entered a contract while he was seventeen. If, upon reaching the age of majority, he has not avoided the contract and promises to perform those contractual obligations, new consideration is required for the contract to be enforceable
a. True b. False Indicate whether the statement is true or false
An anti trust action is brought against Carrier Transport Company, alleging the offense of attempted monopolization. To be guilty of this offense, Carrier's attempt must have A) a dangerous probability of success
B) a deadly guaranty of success. C) a distant possibility of success. D) a distinct improbability of success.