The Robinson-Patman Act says that to be legal, price differences must be based on
A. a need to meet competition and cost differences.
B. freight costs.
C. transportation differences.
D. a reasonable profit margin as determined by the FTC.
E. None of these answers is correct.
Answer: A
You might also like to view...
To say that the United States and Singapore are at ease in an uncertain environment, would be to say that the United States and Singapore rank ______ on Hofstede’s dimensions.
A. low for uncertainty avoidance B. low for collectivism C. high for uncertainty avoidance D. low for power distance
The risk-free rate of return considers the expected rate of inflation
Indicate whether the statement is true or false.
Describe Fitter Snacker's communication problems with regard to the production process
Customer expectations related to quality are influenced by all the following except
A) Personal needs B) Word of mouth C) Reputation D) Internal defect rates E) Past experience