Problem:
Use the following table for questions 58 - 66 Carving knives Home users Professional Chefs No-name brand $40 $70 High-end professional series $60 $130 Given that the firm wants to sell both the versions, how high can the no-name brand be priced?The Robinson-Patman act a. ?Is a part of the antitrust laws b. ?Makes it illegal to give a price discount on a good sold to another business c. ?Makes it illegal to give a price discount on a good sold to final customers d. ?Both A&B