Fastener Products,Inc

question 2

Multiple Choice

Fastener Products,Inc. ,a maker of nuts and bolts,sells its products to retail establishments.It charges one price to small family-owned hardware stores and a lower price to national chains.Under the Clayton Act,these price differences are

• A)illegal.
• B)not illegal if they are based on production or transportation costs.
• C)not illegal if they are intended to eliminate competition.
• D)not illegal if they are intended to prevent entry into a given market.

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Definitions:

Intangible Attributes

Characteristics of a product or service that cannot be physically touched or seen, such as the brand reputation or the level of customer service.

Nondurable Good

Products that are consumed or are only usable for a short period of time, such as food, paper products, and fuel.

CarPlay

An Apple standard that enables a car radio or head unit to be a display and a controller for an iOS device.

Car Manufacturers

Companies engaged in the design, production, marketing, and selling of motor vehicles.