The Robinson-Patman Act limits the ability of the firms to
A. discriminate in terms of prices.
B. use capital-intensive means of production.
C. charge different prices to retailers.
D. produce certain products.
Answer: C
Economics
You might also like to view...
The total benefit that a person receives from the consumption of goods and services is called
A) total utility. B) marginal utility. C) marginal cost. D) opportunity cost.
Economics
Which of the following illustrates the medium-of-exchange function of money?
A) writing a check to buy a new Volkswagen B) noting that the price of a $20,000 Volkswagen is 16,000 euros C) keeping $20,000 in cash in your mattress instead of buying a new Volkswagen D) driving your $20,000 Volkswagen to a friend's house
Economics