« previous next »

Author Question: Collusion occurs when a. a firm chooses a level of output to maximize its own profit b. firms get ... (Read 110 times)

tingc95

  • Hero Member
  • *****
  • Posts: 556
on: Jun 30, 2018
Collusion occurs when
 a. a firm chooses a level of output to maximize its own profit
  b. firms get together to maximize joint profits
  c. firms refuse to follow their price leaders
  d. firms petition their U.S. senators for favors
  e. two firms' price and output decisions come into conflict

Question 2

Suppose you want to buy a boat, but you know that interest paid on a boat loan is not tax deductible. Therefore, you take out a home equity loan, the interest on which is still tax deductible. This procedure is an example of
 a. illegal tax avoidance
  b. illegal tax evasion
  c. legal tax avoidance
  d. legal tax evasion
  e. the answer cannot be determined from the information given


ansleighelindsey

  • Sr. Member
  • ****
  • Posts: 364
Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Did you know?

People about to have surgery must tell their health care providers about all supplements they take.

Did you know?

By definition, when a medication is administered intravenously, its bioavailability is 100%.

Did you know?

It is believed that the Incas used anesthesia. Evidence supports the theory that shamans chewed cocoa leaves and drilled holes into the heads of patients (letting evil spirits escape), spitting into the wounds they made. The mixture of cocaine, saliva, and resin numbed the site enough to allow hours of drilling.

Did you know?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

Mechanisms of pain at the nociceptor level Mechanisms of pain at the nociceptor level
Epidemiologists look for the causes of disease, such as toxic waste and industrial pollution, at the Epidemiologists look for the causes of disease, such as toxic waste and industrial pollution, at the
Higher-Level Thinking Skills Used in Massage Therapy Higher-Level Thinking Skills Used in Massage Therapy
Possible Sources of Differences in Output per Worker Possible Sources of Differences in Output per Worker
Rising Sea Level Rising Sea Level
During a period of high power demand, the voltage output of the power company is reduced by ... During a period of high power demand, the voltage output of the power company is reduced by ...
Video: Introduction to Pre-eclampsia

For a complete list of videos, visit our video library