This topic contains a solution. Click here to go to the answer

Author Question: Which of the following is NOT an example of firms trying to prevent resale? A) Movie theatres ... (Read 86 times)

itsmyluck

  • Hero Member
  • *****
  • Posts: 546
Which of the following is NOT an example of firms trying to prevent resale?
 
  A) Movie theatres check student ID for students' discounted tickets.
  B) An aluminum company starts its own wire production firm to sell to the aircraft parts at a higher price.
  C) Government limits the sale of international edition textbooks in the U.S. market.
  D) Milk producers sell the milk to processed dairy products producers at a lower price.

Question 2

The Law of Supply insures that supply curves slope upward.
 
  Indicate whether the statement is true or false



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

AISCAMPING

  • Sr. Member
  • ****
  • Posts: 347
Answer to Question 1

D

Answer to Question 2

False. There is no Law of Supply. Supply curves can take multiple shapes and thus don't have to be upward sloping.




itsmyluck

  • Member
  • Posts: 546
Reply 2 on: Jul 1, 2018
Gracias!


kthug

  • Member
  • Posts: 332
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

In 1844, Charles Goodyear obtained the first patent for a rubber condom.

Did you know?

Less than one of every three adults with high LDL cholesterol has the condition under control. Only 48.1% with the condition are being treated for it.

Did you know?

Today, nearly 8 out of 10 pregnant women living with HIV (about 1.1 million), receive antiretrovirals.

Did you know?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.

Did you know?

Not getting enough sleep can greatly weaken the immune system. Lack of sleep makes you more likely to catch a cold, or more difficult to fight off an infection.

For a complete list of videos, visit our video library