Collusion never results in benefits for the participants

Assignment Help Business Economics
Reference no: EM131101281

Which of the following statements about collusion is true? A. Collusion never results in benefits for the participants. B. Its overriding goal is to enhance competition and thereby increase profits. C. Collusion is legal in the U S. D. The greater the number of firms the less difficult it is to maintain a collusion. E. Collusion may help to increase the profits of the participating firms.

Reference no: EM131101281

Questions Cloud

Prepare and income statement : Use the following information for Ingersoll, Inc., (assume the tax rate is 40 percent): 2014 2015 Sales $ 8,035 $ 8,609 Depreciation 1,145 1,146 Cost of goods sold 2,716 3,080, Net fixed assets 34,655 35,517 Accounts payable 4,356 4,205 Inventory 9,6..
Increase in the first year with two spending cycles : If taxes were cut by $1 trillion and the MPC was 0.75, by how much would total spending (a) Increase in the first year with two spending cycles? (b) Increase over five years, with two spending cycles per year? (c) Increase over an infinite time perio..
Equation for the slope of the utilities possibilities curve : Norton and Ralph have a utility possibility frontier that is given by the following equation, UR + (UN)^2 = 100. (a) Plot the utilities possibilities frontier on a graph with UR on the vertical axis and UN on the horizontal axis. (b) Derive an equati..
Marginal revenue and marginal cost curves for operating boat : Horsehead, Massachusetts lies on a bay inhabited by lobsters. The town council issues permits for trapping lobsters and is trying to determine how many permits to issue. Graph the marginal revenue and marginal cost curves for operating a boat. Suppos..
Collusion never results in benefits for the participants : Collusion never results in benefits for the participants. Its overriding goal is to enhance competition and thereby increase profits. Collusion is legal in the U S. The greater the number of firms the less difficult it is to maintain a collusion. Col..
Write mathematical expression of the consumption function : Consider the following economy: C=3,I=1.5,G =2.65,T=2,f=0.5,d = 0.1,mpc =0.8. Write the mathematical expression of the consumption function. Write the mathematical expression of the investment function. Find the IS curve and graph it.
The contract curve for this exchange economy : Exchange: Anna’s utility function is UA(x 1 A, x2 A) = x 1 A + 2p x 2 A, while Bailey’s utility function is UB(x 1 B, x2 B) = x 1 B + 4p x 2 B, where the superscript indicates the good and the subscript names the person. Anna’s initial endowment of g..
What is the exchange rate compatible : The price of a commodity in New Zealand is NZD10, whereas the price of the same commodity in Australia is AUD6. The current exchange rate (NZD/AUD) is 1.15. (a) Is there violation of LOP? (b) If so, what will happen? (c) What is the Australian dollar..
Determine how many permits to issue : Horsehead, Massachusetts lies on a bay inhabited by lobsters. The town council issues permits for trapping lobsters and is trying to determine how many permits to issue. Assume that is costs $2,000 to operate a lobster boat and that if there are x bo..

Reviews

Write a Review

Business Economics Questions & Answers

  Gap of wage differential is widening

Why are coal miners in China paid higher than factory workers even though they have received more or less the same level of education and training? Why are workers with good looks paid higher in some jobs, but not in others? A recent report released ..

  Illustrate what are the advantages and disadvantages

Illustrate what are the advantages and disadvantages of acquiring inputs through this means. Give example not used in the textbook that uses this method of processing.

  How would change if cameron is a risk adverse investor

If Cameron is a risk neutral inventor, which option will be selected? d. How would your answer change if Cameron is a risk adverse investor?

  Explain any additional variables that may improve

indicating how it will influence your decision to open the pizza business in your town or community. Explain any additional variables that may improve the coefficient of determination.

  What would happen with long run aggregate supply curve

Consider the scenario in which the Fed is implementing a contractionary monetary policy aimed at alleviating inflationary pressures.In this regard please provide an answer to the questions listed below. What would happen with the short run aggregate ..

  Question regarding the competitive market definition

HoneyBee Farms, a medium-size producer of honey, operates in a market that fits the competitive market definition relatively well. However, honey farmers are assisted by support prices above the price that would prevail in the absence of controls.

  Funds are distributed under conditionality

Consider lending institutions such as the World Bank and the IMF, and the case of debt-ridden nations such as Greece. Argue for or against the following two points: Important decisions are made by vote, with the weight of the vote proportional to a n..

  Under oligopolistic market conditions

Under oligopolistic market conditions, a. the pricing actions of any one firm have no significant effect on the others b. the pricing actions of any one firm have a significant effect on the others c. no firm can have any control over its output pric..

  Determine the equilibrium price and the quantity produced

Consider a Stackelberg competition with one leader and one follower. All products produced by the firms are homogeneous. Consider a Stackelberg competition with one leader and one follower. Determine the equilibrium price, and the quantity produced b..

  Marginal rate of substitution

What is the marginal rate of substitution (MRS) and why does it diminish as the consumer substitute's one product for another. Use examples to illustrate.

  What changes in sales would you anticipate if you manager

What changes in sales would you anticipate if you were manager of a Dodge/Plymouth franchise. What is each firm's marginal revenue.

  Explain why firm is monopoly

Which of the following could explain why a firm is a monopoly?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd