« previous next »

Author Question: Collusion occurs when a. a firm chooses a level of output to maximize its own profit b. firms get ... (Read 117 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?

Elderly adults are living longer, and causes of death are shifting. At the same time, autopsy rates are at or near their lowest in history.

Did you know?

Looking at the sun may not only cause headache and distort your vision temporarily, but it can also cause permanent eye damage. Any exposure to sunlight adds to the cumulative effects of ultraviolet (UV) radiation on your eyes. UV exposure has been linked to eye disorders such as macular degeneration, solar retinitis, and corneal dystrophies.

Did you know?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

Did you know?

Less than one of every three adults with high LDL cholesterol has the condition under control. Only 48.1% with the condition are being treated for it.

Did you know?

More than 20 million Americans cite use of marijuana within the past 30 days, according to the National Survey on Drug Use and Health (NSDUH). More than 8 million admit to using it almost every day.

Cardiac Output Cardiac Output
Martin Van Buren, sitting uncomfortably for this engraving, would eventually ascend to the presidenc Martin Van Buren, sitting uncomfortably for this engraving, would eventually ascend to the presidenc
Level II HCPCs Codes Level II HCPCs Codes
The medical assistant is measuring the urine output from a patient who has an indwelling Foley ... The medical assistant is measuring the urine output from a patient who has an indwelling Foley ...
Downwelling occurs when surface waters cool, and also when they lose moisture through evaporation. ... Downwelling occurs when surface waters cool, and also when they lose moisture through evaporation. ...
The mole fraction of oxygen in dry air near sea level is 0.20948, where the molar mass of ... The mole fraction of oxygen in dry air near sea level is 0.20948, where the molar mass of ...
Video: DNA fingerprinting Animation

For a complete list of videos, visit our video library