Which of the following theories suggests that firms seek to penetrate new markets over time?

Bee Well is one of three suppliers of portable toilets located near the border between Oregon and California. All three companies operate in both states. Bee Well charges different prices to different customers depending on the distance to the locale and the number of units rented. This is:

a. a violation of the Clayton Act because charging different rates is a per se violation. b. not a violation of Section 1 of the Sherman Act because Bee Well can justify charging the different rates. c. a violation of Section 1 of the Sherman Act because charging different rates is a per se violation. d. not a violation of the Clayton Act because Bee Well can justify charging the different rates.

Which of the following best describes what a landlord-owned apartment building and a condominium project have in common:

A: The tenants each receive a separate bill for property taxes; B: Occupants of both each have an estate in real property; C: Both properties are regulated by the Subdivided Lands Act; D: Occupants of units in both properties would have a fee simple estate.