Which of the Following Is True of Public Policies and Pricing

question 11

Multiple Choice

Which of the following is true of public policies and pricing?

• A) The government imposes no limits on intrastate pricing issues.
• B) The Robinson-Patman Act governs interstate commerce.
• C) Companies have free reign when it comes to setting prices.
• D) The Sherman Act governs intrastate commerce.
• E) The Clayton Act encourages the formation of monopolies.

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Definitions:

Properly Protected

Having adequate safety measures or defenses in place against harm or danger.

Duty To Warn

An ethical and legal responsibility of certain professionals to disclose information to prevent harm to a third party.

Permission To Warn

A principle that may allow a professional, under certain conditions, to breach confidentiality in order to warn a third party of potential danger.

Laws

The system of rules that are created and enforced through social or governmental institutions to regulate behavior.