Suppose that bieber and rihanna are duopolists in the music industry. in may, they agree to work together as a monopolist, charging the monopoly price for their music and producing the monopoly quantity of songs. by june, each singer is considering breaking the agreement. what would you expect to happen next?
a. bieber and rihanna will determine that it is in each singer's self interest to maintain the agreement.
b. bieber and rihanna will each break the agreement. both singers' profits will decrease.
c. bieber and rihanna will each break the agreement. both singers' profits will increase.
d. bieber and rihanna will each break the agreement. the new equilibrium quantity of songs will increase, and the new equilibrium price also will increase.

Jose recently died with a probate estate of $900,000. he was predeceased by his wife, guadalupe, and his daughter, lucy. he has two surviving children, pete and fred. jose was also survived by eight grandchildren, pete’s three children, naomi, daniel, nick; fred’s three children, heather, chris and steve; and lucy’s two children, david and rachel. jose’s will states the following “i leave everything to my three children. if any of my children shall predecease me then i leave their share to their heirs, per stirpes.” which of the following statements is correct? (a) under jose’s will rachel will receive $150,000. (b) under jose’s will chris will receive $150,000. (c) under jose’s will nick will receive $100,000. (d) under jose’s will pete will receive $200,000.

Which of the following best explains why online retail companies have an advantage over regular stores? a. their employees make less money because they mostly perform unskilled tasks. b. they are able to keep distribution costs low by negotiating deals with shipping companies. c. their transactions require expensive state-of-the-art technological devices. d. they have a larger number of potential customers because people anywhere can buy from them.

Which completes the equation? o + a + consideration (+ = k legal capacity legal capability legal injunction legal corporation