Scenario 3.1 Use the following to answer the questions.   Meyers Sporting Goods, a national chain, has been doing business with Soljur Sports, a manufacturer of skateboards, for several years. Recently, it came to the attention of Meyers' financial director that the average cost per Soljur Sports skateboard had substantially increased over that of the previous year. The financial director asked the marketing department if they knew what the Soljur skateboards cost at competing sporting goods stores, to see if they too were likely hit with a higher cost.   The marketing department found that the Soljur skateboards were priced at $15 less in the competing store than at Meyers. The financial director found that Soljur Sports was selling a similar number of skateboards to one of Meyers'

competitors for $10 less per skateboard. The attorney for Meyers Sporting Goods immediately filed a complaint with the Federal Trade Commission.   Refer to Scenario 3.1. Suppose that the Soljur Sports company was actually discriminating against Meyer Sporting Goods with its price increase. Which of the following acts prohibits this type of business behavior?

A. Sherman Antitrust
B. Wheeler-Lea
C. Robinson-Patman
D. Celler-Kefauver
E. Consumer Goods Pricing


Answer: C

Business

You might also like to view...

Porter Grace, RN, is declining an invitation to speak about the health benefits of juice bars at the fall conference of the Health and Fitness Trainers Association (HAFTA). Which of the following is the most effective buffer?

A) I must decline HAFTA's invitation to speak at its fall conference. B) HAFTA members must be looking forward to the annual fall conference in Phoenix this year. C) Because you requested only the benefits of juice bars and because I am only a registered nurse, I am not the speaker you need; perhaps you should contact a juice-bar salesperson. D) I cannot speak at your annual conference.

Business

A firm has the following accounts and financial data for 2014:

The firm's earnings per share for 2014 is ________. A) $0.5335 B) $0.5125 C) $0.3204 D) $0.3024

Business

The true statement about cost behavior is that:

A. fixed costs are constant on a per-unit basis and change in total as activity changes. B. variable costs are constant on a per-unit basis and change in total as activity changes. C. variable costs are constant on a per-unit basis and are constant in total as activity changes. D. variable costs change on a per-unit basis and change in total as activity changes. E. fixed costs are constant on a per-unit basis and constant in total as activity changes.

Business

An association is a relationship between object classes

Indicate whether the statement is true or false

Business