Which of the following practices is prohibited by the Clayton Act?
a. Price discrimination that substantially lessens competition.
b. Tying contracts that substantially lessen competition.
c. Exclusive dealing that substantially lessens competition.
d. All of these.
d
Economics
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For procurement of conventional products like hammers and shovels, the most appropriate type of contract is ______
a. fixed fee b. cost plus fixed fee c. cost plus percentage fee d. cost plus incentive fee
Economics
In order to be binding, a price ceiling
A) must lie above the free market equilibrium price. B) must lie below the free market equilibrium price. C) must coincide with the free market equilibrium price. D) must be high enough for firms to earn a profit.
Economics