Author Question: A cartel arrangement is likely to be successful for its members only if it can A) assign sales to ... (Read 219 times)

Cooldude101

  • Hero Member
  • *****
  • Posts: 557
A cartel arrangement is likely to be successful for its members only if it can
 
  A) assign sales to specific members.
  B) keep new firms from entering the industry.
  C) prevent firms not in the cartel from marketing close substitutes.
  D) do all of the above.

Question 2

People often make economic decisions they later regret, which shows
 
  A) they failed to acquire additional information up to the point where expected marginal benefit equals expected marginal cost.
  B) they failed to behave rationally.
  C) they failed to invest as much as they ought to have invested in information.
  D) none of the above.



Athena23

  • Sr. Member
  • ****
  • Posts: 305
Answer to Question 1

D

Answer to Question 2

D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Asthma is the most common chronic childhood disease in the world. Most children who develop asthma have symptoms before they are 5 years old.

Did you know?

The first monoclonal antibodies were made exclusively from mouse cells. Some are now fully human, which means they are likely to be safer and may be more effective than older monoclonal antibodies.

Did you know?

Eating food that has been cooked with poppy seeds may cause you to fail a drug screening test, because the seeds contain enough opiate alkaloids to register as a positive.

Did you know?

Vital signs (blood pressure, temperature, pulse rate, respiration rate) should be taken before any drug administration. Patients should be informed not to use tobacco or caffeine at least 30 minutes before their appointment.

Did you know?

Oliver Wendell Holmes is credited with introducing the words "anesthesia" and "anesthetic" into the English language in 1846.

For a complete list of videos, visit our video library