Price discounts to selected buyers with the intent of driving out smaller competitors is:
a. widespread in all industries.
b. common in the retailing industry only.
c. illegal under the Robinson-Patman Act.
d. allowed if the four-firm concentration ratio is less than 50 percent.
e. beneficial to consumers in the long run.
c
Economics
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If the bid value of a Treasury bond is listed as "112:16", it means that the buyer is willing to pay $1,125 for the bond.
Answer the following statement true (T) or false (F)
Economics
If an investor had a $200,000 long-term capital gain on a $50,000 investment from 1984 to 2010, her real annualized rate of return was most likely
A. equal to the real rate of inflation. B. between 11 and 20 percent. C. between 0 and 10 percent. D. negative.
Economics