« previous next »

Author Question: Collusion occurs when a. a firm chooses a level of output to maximize its own profit b. firms get ... (Read 87 times)

tingc95

  • Hero Member
  • *****
  • Posts: 556
on: Jun 30, 2018
Collusion occurs when
 a. a firm chooses a level of output to maximize its own profit
  b. firms get together to maximize joint profits
  c. firms refuse to follow their price leaders
  d. firms petition their U.S. senators for favors
  e. two firms' price and output decisions come into conflict

Question 2

Suppose you want to buy a boat, but you know that interest paid on a boat loan is not tax deductible. Therefore, you take out a home equity loan, the interest on which is still tax deductible. This procedure is an example of
 a. illegal tax avoidance
  b. illegal tax evasion
  c. legal tax avoidance
  d. legal tax evasion
  e. the answer cannot be determined from the information given


ansleighelindsey

  • Sr. Member
  • ****
  • Posts: 364
Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

About 60% of newborn infants in the United States are jaundiced; that is, they look yellow. Kernicterus is a form of brain damage caused by excessive jaundice. When babies begin to be affected by excessive jaundice and begin to have brain damage, they become excessively lethargic.

Did you know?

Amoebae are the simplest type of protozoans, and are characterized by a feeding and dividing trophozoite stage that moves by temporary extensions called pseudopodia or false feet.

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Did you know?

It is believed that the Incas used anesthesia. Evidence supports the theory that shamans chewed cocoa leaves and drilled holes into the heads of patients (letting evil spirits escape), spitting into the wounds they made. The mixture of cocaine, saliva, and resin numbed the site enough to allow hours of drilling.

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.

Phrases that Decrease Customer Service Level Phrases that Decrease Customer Service Level
Stand in a doorway and hook your fingertips on both sides about chest level or lower. Stand in a doorway and hook your fingertips on both sides about chest level or lower.
Muscle structure seen at the EM level Muscle structure seen at the EM level
World Mean Sea-Level Temperatures in July World Mean Sea-Level Temperatures in July
Sea-Level Pressure Sea-Level Pressure
Factors that Increase Cardiac Output Factors that Increase Cardiac Output
Video: Hierarchical Sequencing Method - Sequence Tagged Sites

For a complete list of videos, visit our video library