Which of the Following Would Be an Example of Capital

question 251

Multiple Choice

Which of the following would be an example of capital for a computer software firm?
(i) the firm's computer programmers
(ii) the wages the firm pays to its computer programmers
(iii) computer equipment

• A)(i) only
• B)(ii) only
• C)(iii) only
• D)(i) and (iii) only

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Definitions:

Robinson-Patman Act

A United States federal law designed to prevent anticompetitive practices by producers, specifically price discrimination.

Secondary Level Price Discrimination

A pricing strategy where prices are varied based on some attribute of the purchaser or the purchase context, not directly on production costs or primary market segments.

Competitive Injury

Harm or damage inflicted on a business's competitive position, often through unfair practices by competitors.

Section 7 of the Clayton Act

A provision in U.S. antitrust law that prohibits mergers and acquisitions where the effect may be substantially to lessen competition, or tend to create a monopoly.