A. the menu prices at restaurants in new buffalo, michigan, a small lakeside town, increase during the summer months and decline starting november 1. b. all the gas stations along the gulf coast increase their prices after a hurricane devastates communities near the water. c. two steel manufacturers apply the same new technology, which increases productivity for both. d. the two firms in a small rural town that employ most of the people in that area agree to keep wages low. e. three major airlines meet to discuss pricing strategy and as a result prices for airplane tickets rise.

Which of the following are examples of collusion? Choose one or more:

Explanation:

C, and E

Collusion is the process in which few firms (but not all firms) in the industry mutually cooperate (through a secret meeting) for their own benefits (but not for the benefits of whole industry).

Option A: This is not collusion, since all the owners are involved.

Option B: This is not collusion, since increasing productivity is the normal process.

Option C: This is collusion, since the labor market is deceived by only 2 firms.

Option D: This is not collusion, since all the gas stations are involved.

Option E: This is collusion, since only dominating firms deceive the industry by increasing prices.

answer; ///i believe the answer is (d) procedures to control the quailty of your product;

if kj of heat is transferred o 1200 g liquid water at 36'c, what would the new temperature of the water be? (he specific heat capacity of liquid water is 4.186 j/g''c)

a. 15'c

b.100'c

c.51'c

d.36'c