The Robinson-Patman act
a. Is a part of the antitrust laws
b. Makes it illegal to give a price discount on a good sold to another business
c. Is also known as the Anti-Chain-store Act
d. All of the above
d
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When is a market at equilibrium?
A. when quantity demanded equals quantity supplied B. when suppliers begin to reduce prices C. when unsold goods begin to pile up D. when prices equal the cost of production
Evidence suggests that the market ________ take into account the credibility of analyst's recommendations of IPOs that were underwritten at the analyst's investment bank because the performance of these recommendations was about 50% ________ compared
to recommendations made by other analysts at different investment banks. A) does; better B) does; worse C) does not; better D) does not; worse