Several art distributors have met and agreed to limit the number of Hummel figurines being imported into the United States. Is there any anticompetitive behavior involved in doing this?


Yes, by limiting quantity, they can keep prices artificially high. W. Goebel Porzellanfabrik v. Action Industries, 1984 trade cases, 66,287.

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Indicate whether the statement is true or false

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If assets are $110,000 and liabilities are $37,500, then equity equals:

A. $72,500. B. $37,500. C. $257,500. D. $147,500. E. $110,000.

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a. True b. False Indicate whether the statement is true or false

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Answer the following statement true (T) or false (F)

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