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

Author Question: When laws and regulations prohibit firms from selling at prices less than cost, A) consumers ... (Read 43 times)

Starlight

  • Hero Member
  • *****
  • Posts: 567
on: Jun 29, 2018
When laws and regulations prohibit firms from selling at prices less than cost,
 
  A) consumers benefit.
  B) they are rarely enforced; therefore, competition is allowed to decline in the retailing industry.
  C) they help maintain competition by eliminating one important advantage of large firms.
  D) they must define cost arbitrarily since no firm has an incentive to sell below cost.
  E) they serve as our most effective defense against predatory pricing.

Question 2

When we hear on the news, The Fed has increased interest rates today, the Fed has most likely
 
  A) raised the required reserve ratio.
  B) sold government bonds.
  C) lowered the discount rate.
  D) bought government bonds.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

meltdown117

  • Sr. Member
  • ****
  • Posts: 326
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

B


Starlight

  • Member
  • Posts: 567
Reply 2 on: Jun 29, 2018
Excellent

carlsona147

  • Member
  • Posts: 341
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

Did you know?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

Did you know?

Elderly adults are living longer, and causes of death are shifting. At the same time, autopsy rates are at or near their lowest in history.

Did you know?

Medications that are definitely not safe to take when breastfeeding include radioactive drugs, antimetabolites, some cancer (chemotherapy) agents, bromocriptine, ergotamine, methotrexate, and cyclosporine.

Did you know?

Everyone has one nostril that is larger than the other.

The recent mass upheavals in Tunisia, Egypt, Libya, Yemen, and Syria gave political scientists a cha The recent mass upheavals in Tunisia, Egypt, Libya, Yemen, and Syria gave political scientists a cha
Prices for Cotton and for Slaves, 1802–1860 Prices for Cotton and for Slaves, 1802–1860
OSHA regulations require the use of sharps containers to discard used needles. OSHA regulations require the use of sharps containers to discard used needles.
Understanding the laws of exponents Understanding the laws of exponents
When operating your own business, it is wise to know your cost of capital and that of the ... When operating your own business, it is wise to know your cost of capital and that of the ...
A company that makes cell phones has the following cost structure. They have fixed costs of ... A company that makes cell phones has the following cost structure. They have fixed costs of ...
Video: Kidney Stones

For a complete list of videos, visit our video library