To avoid a rule-of-reason violation, the manager of a designer women's clothing firm should not undertake which of these actions without first speaking to an attorney?
A) enter into an agreement with another designer women's clothing firm to set the price of the clothing
B) enter into an agreement with another designer women's clothing firm to only sell in certain areas of the world
C) enter into an agreement with another designer women's clothing firm not to sell to a particular customer
D) enter into an agreement with a distributor about the minimum price the distributor can resell the clothing
D) enter into an agreement with a distributor about the minimum price the distributor can resell the clothing
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In what year did the technology stock bubble burst?
a. 2000 b. 2006 c. 2007 d. 2008
If the supply of and demand for loanable funds both shift left, which of the following necessarily happens?
a. the equilibrium interest rate falls b. the equilibrium interest rate rises c. the equilibrium quantity of loanable funds rises d. the equilibrium quantity of loanable funds falls
A "bad choice" as defined in choice architecture is a choice that:
A. policymakers consider not optimal for society, despite individual choosers' benefits. B. policymakers want to nudge participants away from. C. is considered not optimal by the choice architect. D. is one that the chooser will regret later.
Based on the table below and the principle of diminishing returns to capital, then total packages wrapped when a fourth machine is installed must be less than ________ packages. Number of (Identical) MachinesTotal Packages Wrapped110,000213,000315,000
A. 2,000 B. 16,000 C. 15,000 D. 17,000