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Author Question: If all six suppliers of cement to Metropolis all agree to establishes a price of 45 per ton, this ... (Read 44 times)

gbarreiro

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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


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Eazy416

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Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

E


gbarreiro

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Reply #2 on: Jun 30, 2018
Correct answers!


Eazy416

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Reply #3 on: Jun 30, 2018
Great! Please up vote :D


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