Solve Using the Multiplication Principle $\frac{1}{13}$

question 150

Multiple Choice

Solve using the multiplication principle.
--31.5m = -409.5

• A)378
• B)396.5
• C)13
• D)\(\frac{1}{13}\)

---

Definitions:

Collude

To come to a secret understanding for a harmful purpose; conspiracy between firms to fix prices or otherwise restrict competition.

Tacit Collusion

A situation where firms in a market understand each other's behaviors and outcomes without direct communication, leading to a form of non-competitive equilibrium.

Antitrust Laws

Legislation enacted to prevent new monopolies from forming and police those that already exist to protect consumers and ensure fair competition in the marketplace.

Predatory Pricing

A strategy where a company sets very low prices to eliminate competition and establish a monopoly in the market.