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Author Question: Cartel members have a collective interest in ____ industry output and a private interest in ____ ... (Read 109 times)

jazziefee

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on: Jun 30, 2018
Cartel members have a collective interest in ____ industry output and a private interest in ____ their own output.
 a. increasing; increasing
  b. increasing; decreasing
  c. decreasing; increasing
  d. decreasing; decreasing

Question 2

Suppose a fashion designer wins a bid to design clothes for the characters of a movie. During his work he finds out that the payment he receives would not only cover his production costs but also earn him profits. The producer of the movie can be said to be facing a winner's curse.
  Indicate whether the statement is true or false


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canderson530

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Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

F


jazziefee

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Reply #2 on: Jun 30, 2018
Thank you


canderson530

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Reply #3 on: Jun 30, 2018
No problemo


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