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Author Question: Three firms that are successful in colluding to raise their prices must a. lose profits b. ... (Read 119 times)

Deast7027

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  • 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


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mammy1697

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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
YES! Correct, THANKS for helping me on my review

meganmoser117

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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