If a small manufacturer of vacuum cleaners conditions the sales of its cleaners on the buyer's purchasing only that manufacturer's bags, under the Sherman Act this is:
a. illegal per se.
b. a tying arrangement, which will be closely scrutinized by the law.
c. a vertical customer restriction.
d. no violation.
b
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Crumbs is a popular bread manufacturing company. It is famous for its unsliced bread, and many customers believe that slicing the bread will make it lose its flavor. So, when Charles, the manager of the company, decides to start selling presliced bread, assuming that the customers would find it more convenient, the customers protest. This is an example of the human compromise known as
A. personal perspective. B. simplicity. C. stereotyping. D. the recency syndrome.
Why are international managers interested in age distribution studies?
What will be an ideal response?
During its most recent fiscal year, Dover, Inc. had total sales of $3,200,000. Contribution margin amounted to $1,500,000 and pretax income was $400,000. What amount should have been reported as variable costs in the company's contribution margin income statement for the year?
A. $2,800,000. B. $1,100,000. C. $1,300,000. D. $1,700,000. E. $1,900,000.
Formal reports are usually longer and more complex than informal reports
Indicate whether the statement is true or false