This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Three firms that are successful in colluding to raise their prices must a. lose profits b. ... (Read 55 times)

Deast7027

  • Hero Member
  • *****
  • Posts: 538
on: Jun 30, 2018
Three firms that are successful in colluding to raise their prices must
 a. lose profits
  b. announce any price changes to the government
  c. restrict output
  d. increase advertising to earn a profit
  e. expand production

Question 2

Activities that go unreported to the government in order to avoid paying taxes or because the activity is illegal are known collectively as the
 a. non-profit sector
  b. federal sector
  c. illegal economy
  d. special-interest category
  e. underground economy


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

mammy1697

  • Sr. Member
  • ****
  • Posts: 341
Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

E


Deast7027

  • Member
  • Posts: 538
Reply 2 on: Jun 30, 2018
:D TYSM

daiying98

  • Member
  • Posts: 354
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

Did you know?

Drying your hands with a paper towel will reduce the bacterial count on your hands by 45–60%.

Did you know?

Asthma is the most common chronic childhood disease in the world. Most children who develop asthma have symptoms before they are 5 years old.

Did you know?

The first war in which wide-scale use of anesthetics occurred was the Civil War, and 80% of all wounds were in the extremities.

Successful biological control of leafy spurge. Successful biological control of leafy spurge.
(b) during dry periods they lose their leaves and blossoms. (b) during dry periods they lose their leaves and blossoms.
Successful HIV/AIDS prevention Successful HIV/AIDS prevention
Gasoline prices Gasoline prices
In 2008, the U.S. economy suffered a gaping wound as several trillion dollars were ripped out of it. In 2008, the U.S. economy suffered a gaping wound as several trillion dollars were ripped out of it.
The first commercially successful typewriter, manufactured in quantity beginning in 1874, surely fue The first commercially successful typewriter, manufactured in quantity beginning in 1874, surely fue
Video: Bond types - Atomic structure and basis of bonds

For a complete list of videos, visit our video library