All of the following are typical examples of ownership-specific advantages except ________

Connors, Inc provides the following information for 2017

Net income $180,000 Market price per share of common stock $20.00/share Common stockholders' equity at Jan. 1, 2017 $1,100,000 Common stockholders' equity at Dec. 31, 2017 $1,500,000 12% preferred stock outstanding $100,000 Calculate return on common stockholders' equity. (Round to two decimals.) What will be an ideal response

Tarco is a manufacturer and national distributor of spark plugs. It charges $8 per set for its

plugs. Reemco manufactures and distributes spark plugs on the East Coast. In order to get customers away from Tarco, Reemco sells its plugs in New York City for $7 per set. Tarco learns of this and drops its prices to $7 per set only in New York. A Los Angeles customer of Tarco learns of this and sues Tarco for price discrimination. What is the most likely outcome? A) This is legal because of cost justification. B) This is legal because of meeting the competition. C) This is legal because of changing conditions. D) This is illegal price discrimination.