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

Author Question: In a typical cartel agreement, the cartel maximizes profit when it: a. behaves as a duopolist. b. ... (Read 95 times)

kfurse

  • Hero Member
  • *****
  • Posts: 590
on: Jun 30, 2018
In a typical cartel agreement, the cartel maximizes profit when it:
 a. behaves as a duopolist.
 b. is flexible in enforcing production targets.
  c. behaves as a monopolist.
 d. behaves as a perfectly competitive firm.

Question 2

_____ is the price paid by the insured to sell the risk to the insurer, which must cover the expected payout if a disaster occurs.
 a. Insurance interest
  b. Insurance coverage
  c. Insurance bonus
  d. Insurance premium


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

popopong

  • Sr. Member
  • ****
  • Posts: 307
Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

D


kfurse

  • Member
  • Posts: 590
Reply 2 on: Jun 30, 2018
Gracias!

ryansturges

  • Member
  • Posts: 338
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Drugs are in development that may cure asthma and hay fever once and for all. They target leukotrienes, which are known to cause tightening of the air passages in the lungs and increase mucus productions in nasal passages.

Did you know?

There are major differences in the metabolism of morphine and the illegal drug heroin. Morphine mostly produces its CNS effects through m-receptors, and at k- and d-receptors. Heroin has a slight affinity for opiate receptors. Most of its actions are due to metabolism to active metabolites (6-acetylmorphine, morphine, and morphine-6-glucuronide).

Did you know?

Russia has the highest death rate from cardiovascular disease followed by the Ukraine, Romania, Hungary, and Poland.

Did you know?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

Structure of a typical plant cell Structure of a typical plant cell
Phosphatidylcholine, a typical phosphoglyceride Phosphatidylcholine, a typical phosphoglyceride
The Typical Bureaucratic Structure of a Medium-Sized University The Typical Bureaucratic Structure of a Medium-Sized University
A typical engine-driven cooling fan. A typical engine-driven cooling fan.
A typical engine oil cooler. Engine coolant flows through the cooler adjuster that fits between the ... A typical engine oil cooler. Engine coolant flows through the cooler adjuster that fits between the ...
Typical box used for the disposal of bagged, sealed, and autoclaved biological waste. Typical box used for the disposal of bagged, sealed, and autoclaved biological waste.
Video: Morphology of a tomato plant

For a complete list of videos, visit our video library