Asked by Cooper Limerick on Sep 24, 2024
Verified
In which of the following cases does the Robinson-Patman act not apply?
A) There are no cost differences to serving different groups
B) Discounts are never offered to meet competition
C) The industry does not engage in promotional allowances
D) All of the above
Robinson-Patman Act
A federal law in the United States designed to inhibit anticompetitive behaviors among producers by prohibiting price discrimination.
Cost Differences
Variations in the cost of producing or providing goods and services, often influenced by factors such as location, materials, and labor.
Discounts
Discounts are reductions from the normal cost of goods or services, often offered to prompt sales, reward customers, or clear out inventory.
- Comprehend the legal aspects of price discrimination, with an emphasis on the Robinson-Patman Act.
Verified Answer
TP
Tracy Patterson3 days ago
Final Answer :
D
Explanation :
The Robinson-Patman Act applies to situations where there are cost differences to serving different groups, discounts are offered to meet competition, or the industry engages in promotional allowances. Therefore, if any of these situations do not apply, the act would not apply. Choice D states that all of the above do not apply, meaning that the act would not apply in any of these situations.
Learning Objectives
- Comprehend the legal aspects of price discrimination, with an emphasis on the Robinson-Patman Act.