Consider the following hypothetical merger between two perfume firms, Cocoa and Baton.  Pre-merger, the profit-maximizing price for Cocoa is $100 and the margin earned on each sale is $25.  The same is true for Baton.  Each sells 100 units before the merger.  The price elasticity of demand for Cocoa is -2.  The diversion ratio between Cocoa and Baton is 20%.  If the new combination of Cocoa and Baton increases the price of Cocoa by 5%, what will be the total change in profits for the post-merger firm assuming no entry, efficiencies, or repositioning by others?  

Four Roses and Blanton’s are competitors in the bourbon market.  Four Roses has a 35% share in this market while Blanton’s has a 25% market share.  The following facts are true for the purposes of this question: Four Roses sells 100 units per month at a retail price of $18. Four Roses’ marginal cost is $10 per bottle of bourbon. Blanton’s sells 200 units per month. The marginal cost of production for Blanton’s is $10 per bottle and it sells its bourbon at retail for $16.  The two bourbon brands have considered merging for the last year and filed the proper paperwork with the Department of Justice just this month.  The Department of Justice conducted an initial investigation and determined that the diversion ratio between Four Roses to Blanton’s is 60%.  Calculate the GUPPI that measures Four Roses’ incentive to engage in a unilateral price increase after the merger (expressed in percentage terms).

On appeal, Firm A argues that its horizontal agreement with Firm B was legal because competition would adversely affect the quality of the product.  Which case best stands for the proposition that Firm A’s business justification is not cognizable as a matter of law?  

Match the following organisms with the results of the cytochrome c (oxidase) test:  

The development of genitals, increase in height, and changes in boys’ voices is the results of the hormone __________.

Research on gender differences in autonomy-granting in adolescence has shown that _______.

An arbitration award is made in Danubia, and one of the parties wishes to ask the Commercial Court of Vindobona to set aside the award. Which of the following is true?

Nurse Banbury gets totally ripped over the summer and decides to try out for a triathlon. After taking some endurance and cardiology tests she gets the following results: Ventricular end systolic volume = 50 mL; ventricular end diastolic volume – 160 mL; HR = 140 BPM; and BP = 135/78. Calculate the following: SV: MAP: CO: PR: (Show your math for full credit)

There are _____Fe atoms per hemoglobin molecule

Upon loading of CO2 into systemic tissues, CO2