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daser333 [38]
2 years ago
9

Snowboards Inc. refuses to sell its products to Timber Winter Sports Stores, Inc., a retail snowboard dealership. This violates

Section 2 of the Sherman Act if Snowboards has monopoly power and a. Timber has or is likely to acquire monopoly power. b. the refusal has an anticompetitive effect on the market. c. the refusal is unilateral. d. none of the choices.
Business
1 answer:
Lilit [14]2 years ago
7 0

Answer:

b. The refusal has an anti competitive effect on the market.

Explanation:

When a company that sells certain products fails to sell same to a retailer who deals in same products, such is said to have anti competitive effect on the market. The aim is to reduce competition in the market.

This type of refusal would always lead to price fixing, boycott.etc. When there is price fixing, it would lead to customers being unable to buy the product due to high price.

Products that are evenly distributed and not selective would increase competition in the market place such that customers would be able to purchase such product in any retail shop that sells the products.

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Seller Patsy wants to net $150,000 from the sale of her home. She tells Broker Al that he can list the property for whatever pri
AlexFokin [52]

Answer:

Net listing.

Explanation:

In this scenario, Seller Patsy wants to net $150,000 from the sale of her home. She tells Broker Al that he can list the property for whatever price he wants and anything he gets above the $150,000 he can keep as his commission. This agreement is called net listing.

Net listing can be defined as an arrangement between a broker and a property owner, in which the owner of a property sets a minimum selling price at which the property would be sold while the any other amount above the minimum amount would be kept by the broker as commission.

<em>Under a net listing, since the minimum selling price chosen by the owner of the property, Patsy is $150,000, assuming Broker Al sold the property for $200,000; he would pay Patsy the sum of $150,000 and keep the additional profit of $50,000 as his commission. </em>

6 0
2 years ago
Kid's world industries has projected sales of 67,000 machines for the current year. the estimated january 1 inventory is 6,000 u
Valentin [98]
So, let us see the facts. The company needs to sell 67000 units throughout the year. We also need to have 15000 units in the storage so that we have 15000 in December. Hence, we need 82000 totally. But there are also 6000 already in storage. Hence we only need to produce 82000-6000=76000 units. If anything is unclear just comment.
4 0
2 years ago
Zeffer is a small but growing bottling company that competes with large soft drink heavy-hitters. To set itself apart, Zeffer ha
Zanzabum

Answer:

Hispanic

Explanation:

In the United States Hispanic population has continued to be responsible for half of the total population growth since 2010 till date.

In this time Hispanics contributed 52% to the 18.9 million population growth in the United States.

Based on this trend Zeffer has decided to develop a line of all-natural soft drinks that are believed to be healthier than typical high-calorie sodas and targeting the Hispanic market will make their product popular rapidly.

3 0
2 years ago
Assume that demand for bottled water is relatively price elastic. An increase in supply of bottled water will result in which of
DENIUS [597]

Answer:

3 then 1

Explanation:

Supply is said to be increased when the quantity supplied expands but the price and quantity demanded remains unchanged. As quantity supplied has increased whereas the quantity demanded is what it was before this change, there is first a surplus of bottled water in the market. This surplus will have a downward pressure on price, reducing the quantity supplied a bit and, as the law of demand suggests ,the quantity demanded will increase. Given that the demand is relatively price elastic, the change in quantity demanded will be greater than the change in price. Therefore the revenue will increase.

3 0
2 years ago
During 2019, its second year in operation, Sanborn Company delivered goods to customers equal to $6,250,000. The amount of cash
Alex Ar [27]

Answer:

Accounts receivable to be reported at the end of 2019 = $1090000

Explanation:

Assuming that all sales are made on credit.

The opening accounts receivable were = $ 1200000

We add the credit sales made during the year to the opening balance of accounts receivable to reach at total accounts receivable.

Total accounts receivable = 1200000 + 6250000 = 7450000

We deduct the amount received from customers against these sales to reach at the closing balance for accounts receivables.

Closing balance Accounts receivables 2019 = 7450000 - 6360000 = $1090000

6 0
2 years ago
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