Convertible term life insurance can be converted into cash-value life insurance, depending on the insured's medical condition pending a medical exam

Which of the following price-related actions by a manufacturer most likely would be a violation of the Robinson-Patman Act?

A) Offering a lower price to only one buyer to match a competitor's price. B) Selling to all its customers at uniform prices. C) Granting a lower price to a buyer because of a large-quantity purchase. D) Giving a special advertising allowance to a retailer that was having difficulty competing in its local market. E) None of these is a violation.

Which of the following firms should concentrate its production in a centralized location?

A. Jupiter Inc. operates in an industry where the fixed costs are high and services of supporting industries are of prime importance. B. Star Goal Inc. manufactures consumer products like processed food, apparel, and cosmetics for which national differences in consumer taste and preference are wide. C. Uranious Inc. operates in an economy where volatile fluctuations in exchange rates are frequently expected. D. Earth Ventures Inc. is a mining company that exports iron ore—a product with low value-to-weight ratio—to various countries. E. Silver Times Inc. customizes heavy machines without the use of flexible manufacturing technologies.