Hardware Retailers Deuce Hardware Co

question 10

Multiple Choice

Hardware retailers Deuce Hardware Co.and Trueblue Hardware Corp.agreed to a schedule of maximum prices that they will pay to hardware wholesalers with whom they deal.What is the most likely stance that the Supreme Court will take under these circumstances?

• A)Their action will be deemed unlawful according to the rule of reason analysis.
• B)Their action will be deemed lawful because only sellers can be guilty of price-fixing.
• C)Their action will be deemed lawful if their agreement results in savings to consumers.
• D)Their action will be deemed unlawful according to the per se analysis.

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Definitions:

Quotient

The result obtained when one number is divided by another.

Rounded

The process of approximating a number to a specified degree of precision, often to make it simpler to handle or understand.

Product

In mathematics, a product refers to the result of multiplying two or more numbers or expressions.

Rounded

The process of adjusting the digits of a number to reduce its precision according to a specific rule, usually to make it simpler or easier to understand.