Write True or False to the Statements Below

question 118

True/False

Write True or False to the statements below.If the statement is false, rewrite the underlined word or phrase to make the statement true.
-A racial category used in South Africa to describe people of mixed European and African ancestry is biracial.

---

Definitions:

Flight Capacity

The maximum number of passengers or the amount of cargo that an airline can transport in a given period.

Collude

Cooperative behavior between firms in a market to set prices or output levels artificially high, typically in a way that is not in the best interests of consumers.

Maximize Profits

The process of increasing the difference between total revenue and total costs to reach the highest possible financial gain.

Identical Costs

Costs that are the same in value or magnitude for different firms or production processes.