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 75 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
Wow, this really help


xiazhe

  • Member
  • Posts: 331
Reply 3 on: Yesterday
Excellent

 

Did you know?

People who have myopia, or nearsightedness, are not able to see objects at a distance but only up close. It occurs when the cornea is either curved too steeply, the eye is too long, or both. This condition is progressive and worsens with time. More than 100 million people in the United States are nearsighted, but only 20% of those are born with the condition. Diet, eye exercise, drug therapy, and corrective lenses can all help manage nearsightedness.

Did you know?

In the ancient and medieval periods, dysentery killed about ? of all babies before they reach 12 months of age. The disease was transferred through contaminated drinking water, because there was no way to adequately dispose of sewage, which contaminated the water.

Did you know?

The average office desk has 400 times more bacteria on it than a toilet.

Did you know?

There are approximately 3 million unintended pregnancies in the United States each year.

Did you know?

In 1864, the first barbiturate (barbituric acid) was synthesized.

For a complete list of videos, visit our video library