Acme Produces Hamburger at a Processing Plant

question 62

Multiple Choice

Acme produces hamburger at a processing plant. Stores send trucks to pick up the meat. Prince, a large chain of grocery stores, tells Acme it will buy its hamburger if Acme will charge it 5% less than what the grocery stores pay. Acme sells the meat to Prince for less. What violation of the antitrust law may have occurred?

• A) illegal resale price maintenance
• B) illegal exclusive dealing
• C) illegal price discrimination
• D) illegal boycott
• E) none of the other choices

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Definitions:

Algae

An informal group of unicellular, or simple multicellular, photosynthetic protists that are important producers in aquatic ecosystems.

Thylakoid Membranes

Membrane-bound compartments inside chloroplasts and cyanobacteria where photosynthesis takes place.

ATP

Adenosine triphosphate, a molecule that stores and transfers energy within cells.

Noncyclic Electron Transport

A pathway in photosynthesis where electrons flow linearly from water to NADP+, producing oxygen and NADPH.