Homework Clinic
Social Science Clinic => Economics => Microeconomics => Topic started by: ss2343 on Jul 1, 2018
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Cartels persist despite laws against them because
A) international cartels are legal.
B) it is impossible to convict firms.
C) of the Prisoners' Dilemma issue.
D) All of the above.
Question 2
Giving presents on Christmas does NOT generate a deadweight loss if
A) all gift are money.
B) everybody gets exactly want she wants.
C) nobody can be made better off by returning the gift and purchasing a different one.
D) All of the above.
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Answer to Question 1
A
Answer to Question 2
D