"in 2014" neither firm raised rates during the holiday season because they were

a. competing in a prisoner's dilemma.
b. at the equilibrium of an infinitely repeated game.
c. colluding to maximize profits.
d. cooperating to increase their joint profits.

On january 2, 2018, bering co. disposes of a machine costing $34,100 with accumulated depreciation of $18,369. prepare the entries to record the disposal under each of the following separate assumptions. exercise 8-24a part 2 2. the machine is traded in for a newer machine having a $50,600 cash price. a $16,238 trade-in allowance is received, and the balance is paid in cash. assume the asset exchange has commercial substance.