× Didn't find what you were looking for? Ask a question
Top Posters
Since Sunday
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
r
4
New Topic  
jmoney123 jmoney123
wrote...
Posts: 325
Rep: 0 0
6 years ago
You own a hair salon in a college town. Because there is competition for customers, the salons have been in a price war. You invite all salon owners to your home. They decide that the price war is hurting everyone and agree to charge standard rates for hairstyling. This arrangement is:
 a. legal because it was a voluntary arrangement
  b. legal because the price of styling hair is too low to be subject to the antitrust laws c. legal because it does not hurt competition
  d. legal under the rule of reason because the alternative, fewer salons, would mean less competition e. illegal
Read 74 times
1 Reply
Replies
Answer verified by a subject expert
preetpatel94preetpatel94
wrote...
Top Poster
Posts: 1191
Rep: 5 0
6 years ago
Sign in or Sign up in seconds to unlock everything for free
1

Related Topics

jmoney123 Author
wrote...

6 years ago
Just got PERFECT on my quiz
wrote...

Yesterday
Correct Slight Smile TY
wrote...

2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  1325 People Browsing
 123 Signed Up Today
Related Images
  
 270
  
 363
  
 845
Your Opinion
How often do you eat-out per week?
Votes: 79