Which is an example of predatory pricing? A large furniture maker charges a price below production cost in order to
elimin e small competitors.

A coffee maker falsely claims that its drinks reduce the incidence of heart
attacks.

A group of music companies agrees to charge $20 for CDs.

A defense contractor gets its competitors to agree not to seek government
work.

Which completes the equation? o + a + consideration (+ = k legal capacity legal capability legal injunction legal corporation

Intoxicated and not aware of the consequences, umberto agrees to a two-year cell-phone service contract with wander talk, inc., at more than the average market price. this contract is not enforceable because the contract clearly favors wander talk. not enforceable because umberto was intoxicated enough to lack mental capacity when he agreed to it. not enforceable because contracting parties can change their minds. enforceable.

Explain the law of diminishing marginal utility as the basis for the slope of the travellers demand curve