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If Corporations Conspire to Set High Prices for Goods and Services

question 57

Short Answer

If corporations conspire to set high prices for goods and services rather than allowing the free market to work,they are guilty of _____.


Definitions:

Current Assets

Assets that are expected to be converted into cash, sold, or consumed within one year or during the normal operation cycle of the business, whichever is longer.

Net Income

Net income is the total profit of a company after all expenses and taxes have been subtracted from total revenue.

Investments

Resources such as money put into buying financial instruments or other assets to gain profitable returns in the form of income, interest, or appreciation of value.

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