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Author Question: Suppose that when the price of strawberries decreases, Simone increases her purchase of whipped ... (Read 71 times)

TVarnum

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Suppose that when the price of strawberries decreases, Simone increases her purchase of whipped cream. To Simone
 
  A) strawberries and whipped cream are normal goods.
  B) strawberries and whipped cream are complements.
  C) strawberries are a normal good and whipped cream is an inferior good.
  D) strawberries and whipped cream and substitutes.

Question 2

What conditions are necessary for a cartel to work? Diagram equilibrium price and output determination in a collusive oligopoly market. Explain how a decrease in demand accompanied by cheating by members can help break up a cartel.
 
  What will be an ideal response?


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ju

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Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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TVarnum

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)


chereeb

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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