Q1. which of the following is not a way to create economic profits through collusion?
a. colluding to increase the bargaining power of buyers.
b. colluding to reduce the threat of new competitors
c. colluding to reduce the threat of current competitors
d. colluding to reduce suppliers leverage threats.
Q2.
Which of the following is an element needed to establish a violation of the general duty clause?
a. a potential hazard exists which was known in the industry.
b. the employer acted with intent in allowing the hazard to exist.
c. feasible means exist to abate the hazard.
d. all of the above. e. none of the above
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