Business, 02.12.2019 22:31 mathsuxdix
Although u. s. steel controlled nearly 75 percent of the domestic iron and steel industry, in 1920 the supreme court ruled that the firm was not in violation of the sherman antitrust act because there was no evidence of abusive behavior. what antitrust doctrine was the court applying in this case?
a) the rule of reason.
b) the per se rule.
c) the marginal cost pricing rule.
d) the natural monopoly rule.
Answers: 1
Business, 22.06.2019 10:00
Suppose an economy has only two sectors: goods and services. each year, goods sells 80% of its outputs to services and keeps the rest, while services sells 62% of its output to goods and retains the rest. find equilibrium prices for the annual outputs of the goods and services sectors that make each sector's income match its expenditures.
Answers: 2
Business, 22.06.2019 13:30
Jose recently died with a probate estate of $900,000. he was predeceased by his wife, guadalupe, and his daughter, lucy. he has two surviving children, pete and fred. jose was also survived by eight grandchildren, pete’s three children, naomi, daniel, nick; fred’s three children, heather, chris and steve; and lucy’s two children, david and rachel. jose’s will states the following “i leave everything to my three children. if any of my children shall predecease me then i leave their share to their heirs, per stirpes.” which of the following statements is correct? (a) under jose’s will rachel will receive $150,000. (b) under jose’s will chris will receive $150,000. (c) under jose’s will nick will receive $100,000. (d) under jose’s will pete will receive $200,000.
Answers: 1
Business, 22.06.2019 14:30
Bridge building company estimates that it will incur $1,200,000 in overhead costs for the year. additionally, the company estimates 50,000 direct labor hours will be spent building custom walking bridges for the year at a total direct labor cost of $600,000. what is the predetermined overhead rate for bridge building company if direct labor costs are to be used as an allocation base?
Answers: 3
Although u. s. steel controlled nearly 75 percent of the domestic iron and steel industry, in 1920 t...
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