A. price collusion occurs in oligopolistic industries because price competition can lower revenue for all sms price competition results in economies of scale. costs are similar among firms price competition results in diseconomies of scale b. assess the economic desirability of collusive pricing collusive pricing is not economically desirable from the oligopoly's viewpoint because it cannot control entry collusive pricing is economically desirable from society's viewpoint because it is a capital drain collusive pricing is not economically desirable from society's viewpoint because price equals average total cost cousive pricing is economically desirable from the oligopoly's viewpoint because it results in monopoly profits. c. price leadership is legal in the united states, whereas price-fixing is not. this is because price leadership is not an agreement, whereas price-fixing is. a registered arrangement subject to oversight, whereas price-fixing is not not a registered arrangement subject to oversight, whereas price-fixing is. an agreement, whereas price-fixing is not.

Upon completion of the northwest-corner rule, which source-destination cell is guaranteed to be occupied? a. top-leftb. the cell with the lowest shipping costc. bottom-leftd. top-righte. bottom-right

4. understanding different policy options to correct for negative externalities carbon dioxide emissions have been linked to global warming. the following table lists some possible public policies aimed at reducing the amount of carbon dioxide in the air. for each policy listed, identify whether it is a command-and-control policy (regulation), tradable permit system, corrective subsidy, or corrective tax. public policy command-and-control policy tradable permit system corrective subsidy corrective tax the government charges factories $110 for every ton of carbon dioxide they emit. the government orders every factory to adopt a new technology, which reduces carbon-dioxide emissions into the atmosphere. trees take carbon dioxide out of the air and convert it to oxygen, so the government funds a tree-planting initiative by offering $110 to any citizen who plants a tree. the government limits total carbon-dioxide emissions by all factories to 180,000 tons per month. each individual factory is given the right to emit 140 tons of carbon dioxide, and factories may buy and sell these rights in a marketplace.

You want to buy a new ski boat 2 years from now, and you plan to save $6,400 per year, beginning one year from today. you will deposit your savings in an account that pays 6.2% interest. how much will you have just after you make the 2nd deposit, 2 years from now?