Which of the Following Statements Is Correct with Regard to the Competition

question 73

Multiple Choice

Which of the following statements is correct with regard to the Competition Act?

• A)A company can cut prices in one region of Canada while selling at a higher price everywhere else even if this substantially lessens competition.
• B)Businesses are generally satisfied that the Competition Bureau moves fairly quickly in approving or denying merger plans.
• C)Pyramid selling is permitted as long as participant know they are involved in a pyramid selling scheme and they know they are not allowed to make windfall profits from the scheme.
• D)The mere existence of a conspiracy is assumed to be proof that competition has been reduced.
• E)All of these are correct.

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Definitions:

Paul Ekman

A psychologist who is best known for his work on the facial expressions of emotions and their universality across cultures.

Physiological Patterns

Regular and predictable ways in which the body functions or responds to stimuli, often related to health and disease.

Innate

Refers to qualities, abilities, or knowledge that are present from birth, not acquired through experience or learning.

Evolutionary Reason

An explanation for a trait, behavior, or phenomenon that is based on the principles of natural selection and adaptation.