subject
Business, 12.08.2021 22:20 marziel24

The Robinson-Patman Act prohibits some forms of price discrimination while allowing others. Apply the Robinson-Patman Act to the following two scenarios and explain whether the company would or would not be in violation of the Robinson-Patman Act. a. Jackson Motors, Inc. normally sells its electric motors to all buyers for $100. However, a competitor offered to sell similar motors to one of Jackson Motors' biggest customers for only $80 so Jackson Motors offered that customer—but not its other customers—a $80 selling price.
b. Consolidated Motors Corp. agreed to lower its price per container for Higgins, one of its best customers, when Higgins agreed to purchase 1000 containers to be delivered in 4 shipments over the next year. The price was 30% lower than that offered to Consolidated’s other customers for similar contracts.

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 20:20
The management at a pesticide manufacturing company has observed a decline in quality measures. the managers ask robin, the firm's hr manager, to investigate whether training might solve the problem. robin conducts needs assessment and recommends a training plan. which of the following conditions would most likely have been an observation during robin's person analysis?
Answers: 2
question
Business, 21.06.2019 20:30
Andrew cooper decides to become a part owner of a corporation. as a part owner, he expects to receive a profit as payment because he has assumed the risk of - serious inflation eroding the purchasing power of his investment.- being paid before the suppliers and employees are paid.- losing his home, car, and life savings.- losing the money he has invested in the corporation and not receiving profits.- the company giving all of the profits to local communities
Answers: 2
question
Business, 22.06.2019 19:30
He moto hotel opened for business on may 1, 2017. here is its trial balance before adjustment on may 31. moto hotel trial balance may 31, 2017 debit credit cash $ 2,283 supplies 2,600 prepaid insurance 1,800 land 14,783 buildings 72,400 equipment 16,800 accounts payable $ 4,483 unearned rent revenue 3,300 mortgage payable 38,400 common stock 59,783 rent revenue 9,000 salaries and wages expense 3,000 utilities expense 800 advertising expense 500 $114,966 $114,966 other data: 1. insurance expires at the rate of $360 per month. 2. a count of supplies shows $1,050 of unused supplies on may 31. 3. (a) annual depreciation is $2,760 on the building. (b) annual depreciation is $2,160 on equipment. 4. the mortgage interest rate is 5%. (the mortgage was taken out on may 1.) 5. unearned rent of $2,580 has been earned. 6. salaries of $810 are accrued and unpaid at may 31
Answers: 2
question
Business, 22.06.2019 22:00
Most economists report the elasticity of demand asa. the absolute value of the actual number.b. a negative number, since price and quantity demanded move in opposite directions.c. a percentage, since both the numerator and denominator are percentages.d. a dollar amount, since we are measuring the change in price.
Answers: 2
You know the right answer?
The Robinson-Patman Act prohibits some forms of price discrimination while allowing others. Apply th...
Questions
question
Biology, 17.10.2019 00:30
question
Mathematics, 17.10.2019 00:30
Questions on the website: 13722361