Press Now Corporation, a disk manufacturer, sells its product in certain quantities to Quik 2U, a retailer, for $275 but charges Rite Here, a competitive retailer, $350. This price discrimination is legal
A. under any circumstances.
B. unless its effect is to cause a competitor a loss of any business.
C. unless its effect is to substantially lessen competition.
D. unless there is no effect on a competitor.
Answer: C
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The company whose stock is more than 50% owned by another company is called the
a. controlling company b. investee company c. subsidiary company d. sibling company
Which one of the following is not an external user of financial information?
a. IRS b. Company management c. Creditors d. Stockholders
The integrity of personal information collected by governmental and private agencies is protected by the
a. First Amendment to the U.S. Constitution. b. Fourth Amendment to the U.S. Constitution. c. Fair Information Practices (FIP). d. Electronics Communication Privacy Act.
______ is the process of gathering information from within and outside of the organization to forecast demand for a product.
a. Collaborative forecasting b. Causal forecasting c. Collaborative planning d. Causal planning