Predatory pricing Multiple Choice occurs when a firm sets a very high price for one or more of its products. is legal in the United States. occurs when there are many firms competing for customers in a given market but their products are differentiated. is illegal in the United States under both the Sherman Antitrust Act and the Federal Trade Commission Act. is legal in the United States when a company wants to set a very low price to drive its competition out of business

When the amount for land is 36,000 and the amount paid for expenses is 10,000, the balance of total asset is

If the economy were in the contracting phase of the business cycle, how might that affect your ability to find work?

Xinhong company is considering replacing one of its manufacturing machines. the machine has a book value of $39,000 and a remaining useful life of 5 years, at which time its salvage value will be zero. it has a current market value of $49,000. variable manufacturing costs are $33,300 per year for this machine. information on two alternative replacement machines follows. alternative a alternative b cost $ 115,000 $ 117,000 variable manufacturing costs per year 22,900 10,100 1. calculate the total change in net income if alternative a and b is adopted. 2. should xinhong keep or replace its manufacturing machine