Table 12-5 Consider the Table Above Showing Three Stages of Production of \text

question 201

Multiple Choice

Table 12-5
$\begin{array}{|c|c|c|c|}\hline \text { Stage of Production } & \text { Seller } & \text { Buyer } & \text { Price } \\\hline 1 & \text { Steelmill } & \text { Auto manufacturer } & \$ 10,000 \\\hline 2 & \text { Auto manufacturer } & \text { Auto dealer } & 18,000 \\\hline 3 & \text { Auto dealer } & \text { Consumer } & 25,000 \\\hline\end{array}$ Consider the table above showing three stages of production of an automobile.
-Refer to Table 12-5.The value added by the automobile dealer equals

• A) $7,000.
• B) $15,000.
• C) $18,000.
• D) $25,000.

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Definitions:

Unreasonable Conduct

Behavior by an individual or entity that is not rational or sensible, often violating norms or laws.

Antitrust Actions

Legal measures taken to prevent or reduce monopoly power and foster competition in the marketplace.

Antitrust Action

Measures enforced by governments to prevent or reduce market monopolies and promote competition among businesses.

Cease-and-Desist Orders

Legal orders issued by a court or regulatory authority to halt practices or actions deemed illegal or harmful, often used in the context of business operations and intellectual property.