Division of customers by territory or customer type is illegal
Indicate whether the statement is true or false
T Sellers cannot confine sales to customers in a particular region, say a United States state, although they can locate sellers so they are separated from one another so their within-product competition is limited.
You might also like to view...
Which of the following would be the most accurate means for the government to obtain information about the value of irrigation water for farmers to be supplied by the construction of a new dam?
a. Survey the farmers. b. Hire experts to provide an estimate. c. Use the current cost to farmers of withdrawing water from underground sources. d. Conduct an economic study of how an increase in water supply would affect farmer income.
An outward shift of a nation's production possibilities frontier can occur due to
A) a natural disaster like a hurricane or bad earthquake. B) a change in the amounts of one good desired. C) an increase in the labor force. D) a reduction in unemployment.
The factory conditions of 19th century England that Karl Marx described may be found in his book, _______.
Fill in the blank(s) with the appropriate word(s).
When GDP is calculated as the final demand for goods and services by consumers, businesses, governments, and foreigners, then GDP is measured by
A. the sum of all value added. B. the sum of all productive resource inputs. C. the sum of all factor payments. D. the sum of final goods and services.