Answer:
would be considered collusion.
Explanation:
Collusion refers to an illegal agreement between two or more businesses that decide to cooperate together by setting prices or production quotas. This businesses should naturally compete against each other, not team up to charge higher fees. Collusion is illegal because it leads to unfair market advantages because they negatively affect competition.
Answer:
B) Millcorp has a lawful innocent acquisition of a monopoly.
Answer:
The correct answer is D) "producers should not produce one more roast beef sandwich because MC > MB"
Explanation:
Marginal cost (MC) is the additional cost that you provoke when you add an extra unit of goods or services to your company.
Marginal benefit (MB) is the additional benefit that you receive when you add an extra unit of goods or services to your company.
When:
MC > MB (producers shouldn't produce an additional good or service)
MC < MB (Producers should produce an additional good or service)
I believe it’s A I hope this helps!
