[Adult Floaters] Adam and Zach Are Both Involved in Businesses

question 49

Multiple Choice

[Adult Floaters] Adam and Zach are both involved in businesses that manufacture bathing suits with small personal flotation devices implanted to assist with swimming. They both ship the suits to different states around the country. Adam and Zach get together and decide to raise their prices. They decide that since they are the only two manufacturers of this type of suit, if they both stick together and raise prices to an agreed upon amount, then consumers will be forced to pay that amount. They want to make a lot of money before anyone else jumps into the market. Adam's disgruntled secretary finds out about the agreement and sends out letters to consumers revealing the agreement.
-In attempting to establish a violation of the Sherman Act, what type of trade violation would the government most likely allege?

• A) A vertical restraint
• B) A horizontal restraint
• C) A corresponding restriction
• D) An agreed restriction
• E) A rule-of-reason restriction

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Definitions:

Political Analysts

Professionals who study and interpret political systems, activities, and trends.

General Population

The entire group or set of individuals that researchers are interested in and to which they aim to generalize their findings.

Random Samples

Random samples are selections made in such a way that each member of a population has an equal chance of being included.

Psychological Research

The scientific study of the human mind, behaviors, and processes.