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Among the legal and regulatory guidelines affecting pricing are the Sherman Antitrust Act of 1890, the Clayton Antitrust Act of 1914, the Robinson-Patman Act of 1936, and various unfair- and fair-trade laws.
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Why is it necessary to have knowledge of the legislation involved in business?
It is necessary to have knowledge of legislation involved in business because it affects how businesses operate and can affect the prices of goods and services.
What is Economy Pricing?
it is when you increase the price of goods in your economy
How do demographics affect real estate?
It affects pricing , marketing and desirability.
What does predatory pricing mean?
The pricing of goods or services at such a low level that other suppliers cannot compete and are forced to leave the market
What are the advantages and disadvantages of Predatory Pricing?
The pricing of goods or services at such a low level that other suppliers cannot compete and are forced to leave the market.
Why is it necessary to have knowledge of the legislation involved in business?
It is necessary to have knowledge of legislation involved in business because it affects how businesses operate and can affect the prices of goods and services.
What is meant by direct control and indirect control?
Direct control is control imposed upon manufacturing, pricing and distribution on certain goods. In direct control, such as credit, affects the economy as a whole and certain goods indirectly.
External and internal pricing?
External pricing is pricing of goods and or services that will be sold to out side company's. While internal pricing are prices set to sell goods to another department with in its own company.
Which legislation affects how information is used during client consultation?
outline legislation that affects imformation during client consultatin
What legislation directly affects me?
noob
What is Economy Pricing?
it is when you increase the price of goods in your economy
How do demographics affect real estate?
It affects pricing , marketing and desirability.
Direct control is when possible extraneous factors are standardized?
Direct control : a control that is directly imposed upon the manufacturing, pricing, and distribution of specific goods in contrast with an indirect or general control (such as a credit and fiscal policy) that affects the economy in its entirety and specific goods only indirectly. True
People interested in only how legislation affects their region?
Sectionalism
What does predatory pricing mean?
The pricing of goods or services at such a low level that other suppliers cannot compete and are forced to leave the market
What is the differences between cost-based pricing or market-based pricing?
Cost based pricing uses the costs that were invested in producing the goods. In market based pricing, supply and demand are the key factors that determine price.
What legislation most affects the quality of laboratory results and reports?
Clia
