The chances of successful collusion are greatest when
a. firms are producing a differentiated product
b. there are many firms in the industry
c. there are tiny firms and huge firms together in the same industry
d. demand curves and cost curves are similar among the firms in the industry
e. demand is falling
Question 2
Bureaus are
a. special-interest groups that try to influence legislators
b. government agencies that implement legislation
c. competing-interest groups that battle federal agencies
d. collections of legislators who actively engage in logrolling
e. a means of enforcing the median voter model in the decision-making process
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