Allied Industries is a manufacturer of basic building materials like ready mix concrete,aggregates,and other construction material.It sells its products primarily to three large real estate companies.One of these companies,Cicada Corporation,has asked for a huge discount for future orders.Allied's CEO feels that this may be a good move to retain a customer,but many senior managers think otherwise. Assume that Allied has required Cicada to not handle any of Allied's competitors' products.Which of the following most strongly suggests that this arrangement is legal?
A) The pricing demands of Cicada have forced many building suppliers out of business.
B) Companies like Allied have demonstrated strong financial performance in recent years.
C) Cicada often sells groups of homes to institutions that then resell them to individual consumers.
D) In the past,Cicada and Allied were part of the same company.
E) Monopolistic competition is encouraged by the government in some cases.
Correct Answer:
Verified
Q142: Retepson, Inc. has been in business for
Q143: Which of the following is not a
Q148: What is an economic system characterized by
Q149: Anon Corporation is a manufacturer of Widgets.Faced
Q149: AB Distributors is a company that serves
Q151: What is a market or industry with
Q154: AB Distributors is a company that serves
Q157: Many companies start as niche operations in
Q157: Anon Corporation is a manufacturer of Widgets.Faced
Q158: Which degree of competition exists where the
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents