This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Resale price maintenance A) requires a retailer to sell a good no lower than the specified price. ... (Read 69 times)

misspop

  • Hero Member
  • *****
  • Posts: 540
on: Jul 1, 2018
Resale price maintenance
 
  A) requires a retailer to sell a good no lower than the specified price.
  B) is illegal.
  C) is the price of a maintenance contract on a good, such as an extended service contract on a car.
  D) has a net negative impact on competition.

Question 2

Why might a concentration ratio be a poor measure of actual industry competition?
 
  What will be an ideal response?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

missalyssa26

  • Sr. Member
  • ****
  • Posts: 327
Reply #1 on: Jul 1, 2018
Answer to Question 1

A

Answer to Question 2

Concentration ratios measure national competition within a line of products that are substitutes in production. Where there is much international competition, where competition is regional rather than national, where there is competition from products that are substitutes in consumption but not production, and for other reasons listed in the text, competition ratios may be poor measures of competition.


misspop

  • Member
  • Posts: 540
Reply 2 on: Jul 1, 2018
Great answer, keep it coming :)

zacnyjessica

  • Member
  • Posts: 345
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

The highest suicide rate in the United States is among people ages 65 years and older. Almost 15% of people in this age group commit suicide every year.

Did you know?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

Did you know?

ACTH levels are normally highest in the early morning (between 6 and 8 A.M.) and lowest in the evening (between 6 and 11 P.M.). Therefore, a doctor who suspects abnormal levels looks for low ACTH in the morning and high ACTH in the evening.

Did you know?

More than one-third of adult Americans are obese. Diseases that kill the largest number of people annually, such as heart disease, cancer, diabetes, stroke, and hypertension, can be attributed to diet.

Did you know?

Complications of influenza include: bacterial pneumonia, ear and sinus infections, dehydration, and worsening of chronic conditions such as asthma, congestive heart failure, or diabetes.

Psoriasis, lower extremities Psoriasis, lower extremities
GI series. (a) Upper GI series begins with a barium swallow, barium shake, or barium meal. (b) Lower GI series. (a) Upper GI series begins with a barium swallow, barium shake, or barium meal. (b) Lower
The paper test involves holding a piece of paper near the tailpipe of an idling engine. A good ... The paper test involves holding a piece of paper near the tailpipe of an idling engine. A good ...
The waveform of a good oxygen sensor as displayed on a digital storage oscilloscope (DSO). Note ... The waveform of a good oxygen sensor as displayed on a digital storage oscilloscope (DSO). Note ...
Shift to one side. Let the recipient’s arm hang down. Knead upper and lower arm muscles from ... Shift to one side. Let the recipient’s arm hang down. Knead upper and lower arm muscles from ...
Organic Diets Significantly Lower Children’s Dietary Exposure to Organophosphorus Pesticides Organic Diets Significantly Lower Children’s Dietary Exposure to Organophosphorus Pesticides
Video: Simple and Double Sugar

For a complete list of videos, visit our video library