The doctrine of ......... restricts a party from denying that a promise was made under certain conditions, even though consideration has not been exchanged to bind an agreement. Promissory estoppel Statute of Frauds enforceability Oprivity

The doctrine of ......... restricts a party from denying that a promise was made under certain conditions, even though consideration has not been exchanged to bind an agreement. Promissory estoppel Statute of Frauds enforceability Oprivity

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Justification
Together, EMI, Sony BmG Music Entertainment, Universal Music Group Recordings, Inc., and Warner Music Group Corporation produced, licensed, and distributed 80% of the digital music sold in the United States. The companies formed MusicNet to sell music to online services that sold the songs to consumers. MusicNet required all of the services to sell the songs at the same price and subject to the same restrictions. Digitization of music became cheaper, but MusicNet did not change its prices. Answer the following questions in your initial posting. Did MusicNet violate the antitrust laws? Why or why not? Explain using specific legal principles from chapter 46. Suggest one fact that would alter the outcome of the case. Be creative.
Question 11 Assuming that there were other services providers in Nigeria besides FiberOne before the entry of 100 Starlink, which of the following points correctly depicts FiberOne prior to the entry of Starlink? Revenue and cost (rand) a) d 0 R 3 1 1 O a B 111 MC * Q4 Q3 Q₂ Q1 Quantity per period AC AVC
According to the strict liability theory, Question 4 options: Manufacturers can be held liable only if they are negligent in some way If a consumer signs a sales warranty, the manufacturer cannot be held liable A contractual relation is necessary for the manufacturer to be held liable If a product is defective and injures a consumer, a manufacturer can be held liable all of the above
What must be demonstrated to prove that a company engaged in predatory pricing? Correct Answer(s) The company deliberately set its prices below its average variable costs. The company stopped advertising once its competitors left the market. The firm made agreements with other companies to form a cartel. The company significantly raised its prices after its rivals were forced out of the market.
According to the Justice Department guidelines, mergers in an industry are seldom challenged if the industry O has a pre-merger HHI less than 1500 would have a post-merger Herfindahl-Hirschman Index (HHI) less than 1500 has a post-merger HHI of 10,000 would have a post-merger HHI greater than 2500 has a pre-merger HHI of less than 2500
38. The manufacture of Prolene is an industry that offers such large production economies of scale that single-firm production of the product is the most efficient industry structure. This industry can, therefore, be described as a pure monopoly an actual monopoly a government franchise monopoly a natural monopoly 40. In relation to the accountability of directors under the UK Corporate Governance Code, which of the following statements is true? The board should conduct a review of the effectiveness of the company's internal control systems at least annually, and of its risk management systems every two years The board should conduct a review of the effectiveness of both the company's risk management systems and its internal control systems every two years The board should conduct a review of the effectiveness of the company's risk management systems at least annually, and of its internal control systems every two years The board should conduct a review of the effectiveness of both…
Patent for NoSmak. A potential new drug. NoSmak, cures lip-smacking with one dose, but research and development would cost $50 million. The monopoly profit (earned while a single firm produces the product) will be $5 million per year. After a patent expires, the original developer of the drug will have sufficient brand loyalty to earn $2 million per year for another 10 years. a. What is the shortest patent length required to induce a firm to develop the drug? years. (Enter your response as an integer)
Would there be a opportunity for aribitrage if you was a prisoner? Why?
Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.
Which of the following completes the argument against deregulation of U.S. banks that began with the phrase: "if banks competed to pay higher rates of interest", O they might also compete to make riskier loans, potentially imperiling the safety of the banking system. Othey might also compete to make less riskier loans, potentially imperiling the US consumers' reliance on credit. O they will end up playing a large role in setting the regulations that they will follow. O they will send lobbyists to offer well-paid jobs to some of the retiring members of the regulatory board