Twenty Years After the Clayton Act, the Growth of Chain

question 40

Multiple Choice

Twenty years after the Clayton Act, the growth of chain stores such as Sears, Roebuck led many to fear that retail chains presented a threat to smaller, independent retailers.The federal government enacted the __________ to make it unlawful to discriminate in prices charged to different purchasers of the same product, where the effect may substantially lessen competition or help to create a monopoly.

• A)Fair Packaging and Labeling Act
• B)Sherman Antitrust Act
• C)Telephone Consumer Protection Act
• D)Robinson-Patman Act
• E)Unfair Practices Act

---

Definitions:

Null Hypothesis

A default hypothesis that there is no significant effect or difference, used as a starting point for statistical hypothesis testing.

Research Hypothesis

A specific, testable prediction about the expected outcome of a scientific study.

Null Hypothesis

A default hypothesis that there is no significant effect or difference between specified populations.

Reject

In statistical hypothesis testing, it refers to the decision to not accept the null hypothesis based on the evidence from the data.