According to the U.S. Robinson-Patman Act of 1936, price discrimination
A) is always illegal.
B) is legal unless it harms competition.
C) may be used to drive rivals out of business.
D) can only be justified if the price discrimination is due to actual cost differences.
B
Economics
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If you sell a $100,000 interest-rate futures contract for 110, and the price of the Treasury securities on the expiration date is 106, your ________ is ________
A) profit; $4000 B) loss; $4000 C) profit; $6000 D) loss; $6000
Economics
A situation in which output decreases while prices increase is often referred to as:
A. inflation. B. negative economic growth. C. a recession. D. stagflation.
Economics