Hines cosmetic co. sold beauty preparations nationally to beauty shops at a standard or fixed- price schedule. some of the shops were also supplied with a free demonstrator and free advertising materials. the shops that were not supplied with them claimed that giving the free services and materials constituted unlawful price discrimination. hines replied that there was no price discrimination because it charged everyone the same. what it was giving free was merely a promotional campaign that was not intended to discriminate against those who were not given anything free. was hines guilty of unlawful price discrimination? explain

The former chairman of the federal reserve, alan greenspan, used the term "irrational exuberance" in 1996 to describe the high levels of optimism among stock market investors at the time. stock market indexes such as the s& p composite price index were at an all-time high. some commentators believed that the fed should intervene to slow the expansion of the economy. why would central banks want to clamp down when the economy is growing? a. to block the formation of unsustainable speculative asset bubbles. b. to curtail excessive profits in the banking system. c. to prevent inflationary forces from gathering momentum. d. all of the above. e. a and c only.