In Smith v. Van Gorkom, the court considered whether the business judgment rule protected board members who permitted the sale of a significant amount of stock by the retiring chairman of the board at an undervalued price, devaluing the company, Regarding the board's liability in this case, the court stated each of the following except: A) normally, the board of directors is entitled to give some weight to statements made by its chairman regarding the valuation of stock. B) the board in this case had the expertise to make decisions without consulting outside experts but made a poor decision. C) failing to review the agreement to sell the stock showed a lack of care. D) failure to do a valuation analysis of the company showed that the board could not have been working with all appropriate information to render a proper decision.

Suppose there are three types of consumers who attend concerts at your university’s performing arts center: students, staff, and faculty. each of these groups has a different willingness to pay for tickets; within each group, willingness to pay is identical. there is a fixed cost of $1,000 to put on a concert, but there are essentially no variable costs. for each concert: i. there are 140 students willing to pay $20. (ii) there are 200 staff members willing to pay $35. (iii) there are 100 faculty members willing to pay $50. a) if the performing arts center can charge only one price, what price should it charge? what are profits at this price? b) if the performing arts center can price discriminate and charge two prices, one for students and another for faculty/staff, what are its profits? c) if the performing arts center can perfectly price discriminate and charge students, staff, and faculty three separate prices, what are its profits?

What is an equation of the line in slope intercept formm = 4 and the y-intercept is (0,5)y = 4x-5y = -5x +4y = 4x + 5y = 5x +4

What business practice contributed most to andrew carnegie’s ability to form a monopoly?