This topic contains a solution. Click here to go to the answer

Author Question: Three firms that are successful in colluding to raise their prices must a. lose profits b. ... (Read 114 times)

Deast7027

  • Hero Member
  • *****
  • Posts: 538
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



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

mammy1697

  • Sr. Member
  • ****
  • Posts: 341
Answer to Question 1

C

Answer to Question 2

E




Deast7027

  • Member
  • Posts: 538
Reply 2 on: Jun 30, 2018
Gracias!


amcvicar

  • Member
  • Posts: 341
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

Dogs have been used in studies to detect various cancers in human subjects. They have been trained to sniff breath samples from humans that were collected by having them breathe into special tubes. These people included 55 lung cancer patients, 31 breast cancer patients, and 83 cancer-free patients. The dogs detected 54 of the 55 lung cancer patients as having cancer, detected 28 of the 31 breast cancer patients, and gave only three false-positive results (detecting cancer in people who didn't have it).

Did you know?

Nitroglycerin is used to alleviate various heart-related conditions, and it is also the chief component of dynamite (but mixed in a solid clay base to stabilize it).

Did you know?

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

Did you know?

More than 34,000 trademarked medication names and more than 10,000 generic medication names are in use in the United States.

Did you know?

A recent study has found that following a diet rich in berries may slow down the aging process of the brain. This diet apparently helps to keep dopamine levels much higher than are seen in normal individuals who do not eat berries as a regular part of their diet as they enter their later years.

For a complete list of videos, visit our video library