[Answered] If M = 100, Y = 500 and P = 2, then V is equal to A) 0.10 B) 1. C) 10. D) ...

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Author Question: If M = 100, Y = 500 and P = 2, then V is equal to A) 0.10 B) 1. C) 10. D) ... (Read 16 times)

lilldybug07

Hero Member
Posts: 546

on: Jun 29, 2018

If M = 100, Y = 500 and P = 2, then V is equal to

A) 0.10
B) 1.
C) 10.
D) 50.

Question 2

Which of the following is TRUE regarding a collusive agreement? I. It is illegal in the United States. II. Two or more producers agree to restrict output or raise prices. III. Firms' profits are never maximized under this sort of agreement.

A) I and II
B) I and III
C) II and III
D) I, II and III

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1_Step_At_ATime

Sr. Member
Posts: 342

Reply #1 on: Jun 29, 2018

Answer to Question 1

C

Answer to Question 2

A

lilldybug07

Member
Posts: 546

Reply 2 on: Jun 29, 2018

Excellent

xoxo123

Member
Posts: 335

Reply 3 on: Yesterday

Gracias!

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Author Question: If M = 100, Y = 500 and P = 2, then V is equal to A) 0.10 B) 1. C) 10. D) ... (Read 16 times)

lilldybug07

If M = 100, Y = 500 and P = 2, then V is equal to A) 0.10 B) 1. C) 10. D) ...

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1_Step_At_ATime

If M = 100, Y = 500 and P = 2, then V is equal to A) 0.10 B) 1. C) 10. D) ...

lilldybug07

xoxo123