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

Author Question: Two heavy equipment manufacturers might collude in an effort to do all of the following except one. ... (Read 67 times)

casperchen82

  • Hero Member
  • *****
  • Posts: 540
Two heavy equipment manufacturers might collude in an effort to do all of the following except one. Which is the exception?
 a. determine a more advantageous price and quantity
  b. prevent new entry into the market
  c. take advantage of the legal benefits that U.S. cartels receive
  d. increase their combined profits
  e. predict the behavior of other competitors in the heavy equipment market with greater certainty

Question 2

A tax on productive activity tends to
 a. increase formal market activity because it decreases prices
  b. decrease formal market activity because it increases work incentives
  c. decrease formal market activity because it lowers the return on such activity
  d. decrease activity in the underground economy because people are afraid of being connected with tax fraud
  e. increase activity in the underground economy because people are afraid of being connected with tax fraud



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Animal_Goddess

  • Sr. Member
  • ****
  • Posts: 339
Answer to Question 1

C

Answer to Question 2

C




casperchen82

  • Member
  • Posts: 540
Reply 2 on: Jun 30, 2018
:D TYSM


Jossy

  • Member
  • Posts: 336
Reply 3 on: Yesterday
Excellent

 

Did you know?

Stroke kills people from all ethnic backgrounds, but the people at highest risk for fatal strokes are: black men, black women, Asian men, white men, and white women.

Did you know?

Barbituric acid, the base material of barbiturates, was first synthesized in 1863 by Adolph von Bayer. His company later went on to synthesize aspirin for the first time, and Bayer aspirin is still a popular brand today.

Did you know?

Despite claims by manufacturers, the supplement known as Ginkgo biloba was shown in a study of more than 3,000 participants to be ineffective in reducing development of dementia and Alzheimer’s disease in older people.

Did you know?

In 1886, William Bates reported on the discovery of a substance produced by the adrenal gland that turned out to be epinephrine (adrenaline). In 1904, this drug was first artificially synthesized by Friedrich Stolz.

Did you know?

The Centers for Disease Control and Prevention (CDC) was originally known as the Communicable Disease Center, which was formed to fight malaria. It was originally headquartered in Atlanta, Georgia, since the Southern states faced the worst threat from malaria.

For a complete list of videos, visit our video library