A Kindly Old Grandmother Is Going to Distribute 225 Pieces

question 40

Essay

A kindly old grandmother is going to distribute 225 pieces of candy to her four grandchildren, Alex, Beth, Carl and Dave, based on how many minutes of housework they've completed over the past week. The table below gives the number of minutes each child spent doing housework during the past week.

Use Adam's Method to apportion the 225 pieces of candy.

Analyze the legality of various business practices under antitrust laws, such as price-fixing, exclusive dealing, and tying agreements.

Understand the role of market structure, particularly oligopolies, in antitrust analysis.

Apply the rule of reason and per se analysis to evaluate business practices under the Sherman Act.

Recognize the significance of market power and monopoly power in antitrust law.