Price discrimination:A. by firms selling to final consumers is illegal, but it is usually legal in selling to intermediaries. B. is not covered by Federal laws, but in some states it is illegal. C. is always illegal. D. may be legal if the firm can prove that different prices were set based on different costs. E. None of the above is true

Related Questions

• Which of the following is an example of cyclical unemployment? Select the correct answer: 1. A donut shop laid off workers due to a decrease in popularity caused by a new donut shop opening across town. 2. Ronald was laid off by his company during a reorganization to cut costs in response to an economic slowdown. 3. Rohit quit his job to find a position better suited to his skills and education. 4. Marcel took family leave to care for an ill parent.
• Firm A is being acquired by Firm B for $35,000 worth of Firm B stock. The incremental value of the acquisition is $2,500. Firm A has 2,000 shares of stock outstanding at a price of $16 a share. Firm B has 1,200 shares of stock outstanding at a price of $40 a share. What is the actual cost of the acquisition using company stock ? a) $34,750 b) $34,789 c) $35,000 d) $35,289 e) $35,500
• The average annual return over the period 1926-2009 for the S&P 500 is 12.0%, and the standard deviation of returns is 21.3%. Based on these numbers, what is a 95% confidence interval for 2010 returns? A) -1.5%, 21.8% B) -10.7%, 32.8% C) -30.6%, 54.6% D) -30.6%, 76.4%
• Bedekar, Inc., has an issue of preferred stock outstanding that pays a $3.40 dividend every year in perpetuity. If this issue currently sells for $91 per share, what is the required return?
• Which one of the following specialists is the general cashier who must have a complete understanding of the Explanation of Benefits documents? A. Medical biller B. Medical office assistant C. Medical collector D. Payment poster
• Which of the following statements about budgeting is false? Multiple Choice Budgeting is an aid to planning and control. A. Budgets create standards for performance evaluation. B. Budgets help coordinate the activities of the entire organization. C. Budgeting forces managers to think ahead and formalize future objectives. D. The master's budget should only be prepared by top management.
• The partnership contract for Hanes and Jones LLP provides that Hanes is to receive a bonus of 20% of net income (after the bonus) and that the remaining net income is to be divided equally. If the partnership income before the bonus for the year is $57,600, Hanes’ share of this pre-bonus income is:
• Under Eagle Co.'s job order costing system, manufacturing overhead is applied to Work-in-Process using a predetermined annual overhead rate. During February, Eagle's transactions included the following: Direct materials issued for production $ 96,000. Indirect materials issued for production 14,000. Manufacturing overhead incurred 131,000. Manufacturing overhead applied 119,000 Direct labor costs 113,000 Eagle had neither beginning nor ending inventory in Work-in-Process Inventory. What was the cost of jobs completed in February? (CPA adapted) A. 340,000 B. 328,000
• Cheyenne Corp. uses the percentage of receivables method for recording bad debts expense. The accounts receivable balance is $170000 and credit sales are $1710000. Management estimates that 5% of accounts receivable will be uncollectible. What adjusting entry will Cheyenne Corp. make if the Allowance for Doubtful Accounts has a credit balance of $3400 before adjustment?
• Which of the following would have the least amount of influence on a manager's choice of whichinputs to employ in a production process? Select one: A. The price of a competitor's output. B. The technology of the production process. C. The marginal productivity of the inputs that can be used in the production process. D. The prices of the inputs that can be used in the production process.