This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A ________ is a formal organization of producers who agree on anticompetitive actions. A) duopoly ... (Read 72 times)

fahad

  • Hero Member
  • *****
  • Posts: 570
on: Jun 29, 2018
A ________ is a formal organization of producers who agree on anticompetitive actions.
 
  A) duopoly
  B) cartel
  C) monopoly
  D) partnership

Question 2

Suppose the relative price of Ford F150 pickup trucks has risen over the past decade. Yet, even at the higher price, more F150 pickups have been sold. What would an economist conclude?
 
  A) The supply of F150 pickups is downward-sloping.
  B) The demand for F 150 pickups is upward-sloping.
  C) Buyers of F150 pickups are acting irrationally.
  D) All of the above are true.
  E) None of the above is true.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

lcapri7

  • Sr. Member
  • ****
  • Posts: 350
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

E


fahad

  • Member
  • Posts: 570
Reply 2 on: Jun 29, 2018
:D TYSM

rachel

  • Member
  • Posts: 323
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Approximately 25% of all reported medication errors result from some kind of name confusion.

Did you know?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

Did you know?

The largest baby ever born weighed more than 23 pounds but died just 11 hours after his birth in 1879. The largest surviving baby was born in October 2009 in Sumatra, Indonesia, and weighed an astounding 19.2 pounds at birth.

Did you know?

Cucumber slices relieve headaches by tightening blood vessels, reducing blood flow to the area, and relieving pressure.

Did you know?

The first documented use of surgical anesthesia in the United States was in Connecticut in 1844.

The synthesis of O2, ATP, and NADPH by the concerted actions of photosystems II and I The synthesis of O2, ATP, and NADPH by the concerted actions of photosystems II and I
Biology Is Studied at Many Levels of Organization (Part 2) Biology Is Studied at Many Levels of Organization (Part 2)
Organization of the Nervous System Organization of the Nervous System
Organization of the human body. Organization of the human body.
Organization of the nervous system. Organization of the nervous system.
Mechanism of actions of antihypertensive Agents Mechanism of actions of antihypertensive Agents
Video: Bone Healing Animation

For a complete list of videos, visit our video library