Question

Carlise and Mary are the only two editors of mystery novels in the city of Readville. If Carlise and Mary collude to earn more profits, they would:

a) each reduce the number of books published and raise prices. b) each reduce the number of books published and lower prices. c) each increase the number of books published and raise prices. d) each increase the number of books published and lower prices.

Answer 1

A. Each reduce the number of books published and raise prices

Step-by-step explanation:

Reducing the number of books published will decrease expenditure and raising prices will increase income

More profit is made when income far exceeds expenditure