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Author Question: A cartel's profit-maximizing quantity occurs where the cartel's a. marginal cost equals marginal ... (Read 56 times)

nummyann

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on: Jun 30, 2018
A cartel's profit-maximizing quantity occurs where the cartel's
 a. marginal cost equals marginal revenue
  b. marginal cost equals demand
  c. price is highest
  d. cost is lowest
  e. demand curve has a kink

Question 2

Legal attempts to arrange one's financial decisions so as to pay the least tax possible are known as
 a. tax evasion
  b. logrolling
  c. tax avoidance
  d. rent seeking
  e. underreporting


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fatboyy09

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

A

Answer to Question 2

C


nummyann

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  • Posts: 576
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

vickybb89

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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