« previous next »

Author Question: A member of a cartel earns more profits by producing more than its quota and selling at a price ... (Read 46 times)

berenicecastro

  • Hero Member
  • *****
  • Posts: 581
on: Jun 29, 2018
A member of a cartel earns more profits by producing more than its quota and selling at a price higher than the cartel's price.
 
  Indicate whether the statement is true or false

Question 2

An increase in the supply of capital, which is a substitute to labor, will lead to a decrease in the demand for labor.
 
  Indicate whether the statement is true or false
InMicro ¦ Hubbard, O'Brien ¦ 1st Edition
Buy Test-Bank


Ahernandez18

  • Sr. Member
  • ****
  • Posts: 361
Reply #1 on: Jun 29, 2018
Answer to Question 1

FALSE

Answer to Question 2

TRUE


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Alcohol acts as a diuretic. Eight ounces of water is needed to metabolize just 1 ounce of alcohol.

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

Did you know?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

Did you know?

The average office desk has 400 times more bacteria on it than a toilet.

Did you know?

As of mid-2016, 18.2 million people were receiving advanced retroviral therapy (ART) worldwide. This represents between 43–50% of the 34–39.8 million people living with HIV.

A tapeworm, Taenia pisiformis, a member of the class Cestoda. A tapeworm, Taenia pisiformis, a member of the class Cestoda.
A parish nurse checks the blood pressure of a church member A parish nurse checks the blood pressure of a church member
Kitagawa Utamaro, Utamaro's Studio, Eshi . . . dosa-hiki (the three primary steps in producing ... Kitagawa Utamaro, Utamaro's Studio, Eshi . . . dosa-hiki (the three primary steps in producing ...
U.S. Subsurface Coal Mining: Output, Price, and Output per Worker-Hour, 1949–1994 U.S. Subsurface Coal Mining: Output, Price, and Output per Worker-Hour, 1949–1994
A basic strategy for producing a knockout mouse A basic strategy for producing a knockout mouse
Mutation of Raly and Agouti producing yellow coat Mutation of Raly and Agouti producing yellow coat
Video: Photosynthesis overview Animation

For a complete list of videos, visit our video library