Use the Information Below to Answer the Following Question(s)

question 4

Multiple Choice

Use the information below to answer the following question(s) .Brian O'Neil intends to sell his customers a special round-trip airline ticket package.He is able to purchase the package from the airline carrier for $400 each.The airline intends to reimburse Brian for any unsold ticket packages.The round-trip tickets will be sold for $500 each.Brian has a tax rate of 30% on his business income.
-What is the dollar amount of sales required for Brian to earn an after-tax profit of $7,000 if fixed costs are $10,000?

• A)$17,000
• B)$50,000
• C)$70,588
• D)$85,000
• E)$100,000

Identify and describe major antitrust cases and their outcomes.

Understand the evolution of business practices in terms of mergers, acquisitions, and antitrust regulation.

Explain the concept of the "rule of reason" in antitrust law and its application.

Know the different eras in economic policy concerning concentration and consolidation of businesses.

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