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.
Answers: 3
Another question on Business
Business, 21.06.2019 23:00
What is overdraft protection (odp)? a.) a cheap and easy way to always avoid overdrawing a bank account b.) a service to automatically transfer available funds from a linked account to cover purchases, prevent returned checks and declined items when you don’t have enough money in your checking account at the time of the transaction. c.) an insurance policy sold by banks to prevent others from withdrawing your money d.) a service provided by the government that insures individuals bank deposits up to $250,000
Answers: 2
Business, 22.06.2019 13:10
Lin corporation has a single product whose selling price is $136 per unit and whose variable expense is $68 per unit. the company’s monthly fixed expense is $32,400. required: 1. calculate the unit sales needed to attain a target profit of $5,000. (do not round intermediate calculations.) 2. calculate the dollar sales needed to attain a target profit of $8,400.
Answers: 3
Business, 22.06.2019 17:30
If springfield is operating at full employment who is working a. everyone b. about 96% of the workforce c. the entire work force d. the robots
Answers: 1
Business, 22.06.2019 19:30
Which of the following constitute the types of unemployment occurring at the natural rate of unemployment? a. frictional and cyclical unemployment.b. structural and frictional unemployment.c. cyclical and structural unemployment.d. frictional, structural, and cyclical unemployment.
Answers: 2
You know the right answer?
The Robinson-Patman Act prohibits some forms of price discrimination while allowing others. Apply th...
Questions
Mathematics, 13.07.2019 10:30
Mathematics, 13.07.2019 10:30
History, 13.07.2019 10:30
Mathematics, 13.07.2019 10:30
History, 13.07.2019 10:30
English, 13.07.2019 10:30
Business, 13.07.2019 10:30
Business, 13.07.2019 10:30
Mathematics, 13.07.2019 10:30
