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Other Fields Homework Help Economics Topic started by: LilyGal on Oct 10, 2019



Title: Clarissa Kessler operates a store that sells toys. Her business suffered tremendously when a giant ...
Post by: LilyGal on Oct 10, 2019

Question 1.

Which of the following antitrust laws forbade firms to engage in price discrimination if the effect would lessen competition or create a monopoly?



the Clayton Act



the Cellar-Kefauver Act



the Sherman Act



the Robinson-Patman Act



Question 2.

Clarissa Kessler operates a store that sells toys. Her business suffered tremendously when a giant discount store chain opened a store in the area and is able to sell its products for less than Clarissa's wholesale cost. Is this evidence of illegal price discrimination on the part of the discount store chain?



No, because it can be argued that the discount store chain is justified in charging lower prices because it is a large-volume buyer and is able to purchase toys at a lower wholesale price than Clarissa.



Yes, the discount store chain is engaging in predatory pricing.



Yes, it is clearly a violation of the Robinson-Patman Act.



No, even if the price discrimination is based on differences in cost, the law states that it is not illegal.



Title: Clarissa Kessler operates a store that sells toys. Her business suffered tremendously when a giant ...
Post by: amw87470 on Oct 10, 2019
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Title: Clarissa Kessler operates a store that sells toys. Her business suffered tremendously when a giant ...
Post by: LilyGal on Oct 10, 2019
Appreciate the effort, thank you!


Title: Re: Clarissa Kessler operates a store that sells toys. Her business suffered tremendously when a ...
Post by: Parker Walsh on Nov 19, 2020
thank you


Title: Re: Clarissa Kessler operates a store that sells toys. Her business suffered tremendously when a ...
Post by: Joshua Hansen on Nov 21, 2020
Thank you


Title: Re: Clarissa Kessler operates a store that sells toys. Her business suffered tremendously when a ...
Post by: Samantha Wood-Greer on Nov 22, 2020
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Title: Re: Clarissa Kessler operates a store that sells toys. Her business suffered tremendously when a ...
Post by: Mansi Kapoor on Dec 9, 2020
Thank you!!


Title: Re: Clarissa Kessler operates a store that sells toys. Her business suffered tremendously when a ...
Post by: Phuc Phung on Dec 13, 2020
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Title: Re: Clarissa Kessler operates a store that sells toys. Her business suffered tremendously when a ...
Post by: Pia Kayser on Dec 15, 2020
thanks