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

Author Question: If all six suppliers of cement to Metropolis all agree to establishes a price of 45 per ton, this ... (Read 15 times)

gbarreiro

  • Hero Member
  • *****
  • Posts: 566
on: Jun 30, 2018
If all six suppliers of cement to Metropolis all agree to establishes a price of 45 per ton, this would be
 a. a legal contract
  b. price discrimination
  c. cost-plus pricing
  d. a cartel
  e. beneficial to consumers

Question 2

One consequence of raising tax rates is that it
 a. provides an added incentive to work
  b. provides less incentive to participate in the underground economy
  c. always increases total tax revenues
  d. leads to less underreporting of income
  e. leads to more underreporting of income


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Eazy416

  • Sr. Member
  • ****
  • Posts: 360
Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

E


gbarreiro

  • Hero Member
  • *****
  • Posts: 566
Reply #2 on: Jun 30, 2018
Correct answers!


Eazy416

  • Sr. Member
  • ****
  • Posts: 360
Reply #3 on: Jun 30, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

The first oral chemotherapy drug for colon cancer was approved by FDA in 2001.

Did you know?

You should not take more than 1,000 mg of vitamin E per day. Doses above this amount increase the risk of bleeding problems that can lead to a stroke.

Did you know?

Green tea is able to stop the scent of garlic or onion from causing bad breath.

Did you know?

In the United States, an estimated 50 million unnecessary antibiotics are prescribed for viral respiratory infections.

Did you know?

Multiple sclerosis is a condition wherein the body's nervous system is weakened by an autoimmune reaction that attacks the myelin sheaths of neurons.

Effect of Perceived Price of a Drug on Placebo Analgesia Effect of Perceived Price of a Drug on Placebo Analgesia
How to create a price index to calculate inflation for a basket of goods How to create a price index to calculate inflation for a basket of goods
The Decentralized Metropolis The Decentralized Metropolis
U.S. Subsurface Coal Mining: Output, Price, and Output per Worker-Hour, 1949–1994 U.S. Subsurface Coal Mining: Output, Price, and Output per Worker-Hour, 1949–1994
Cost = $99.49; Rate of markup based on cost = 32%. Find the markup and selling price. Cost = $99.49; Rate of markup based on cost = 32%. Find the markup and selling price.
Refer to Scenario 3.1. If the price of potato chips is $0.50 and the price of Cola is $4.00, ... Refer to Scenario 3.1. If the price of potato chips is $0.50 and the price of Cola is $4.00, ...
Video: What are Strong & Weak Acids and How they're different?

For a complete list of videos, visit our video library