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

Author Question: A cartel is defined to be A) any oligopolistic industry with fewer than 4 firms. B) a form of ... (Read 97 times)

penza

  • Hero Member
  • *****
  • Posts: 1,022
on: Jul 1, 2018
A cartel is defined to be
 
  A) any oligopolistic industry with fewer than 4 firms.
  B) a form of oligopoly in which firms agree to sell at different prices like in monopolistic competition.
  C) a form of oligopoly in which firms formally agree to establish a common strategy, often a common price, in effect acting like a monopoly.
  D) a form of oligopoly in which firms agree to compete with each other on an equal basis.

Question 2

Social Security is paid for by an earmarked payroll tax.
 
  a. True b. False


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

mcabuhat

  • Sr. Member
  • ****
  • Posts: 344
Reply #1 on: Jul 1, 2018
Answer to Question 1

C

Answer to Question 2

a


penza

  • Hero Member
  • *****
  • Posts: 1,022
Reply #2 on: Jul 1, 2018
Thank you :)


mcabuhat

  • Sr. Member
  • ****
  • Posts: 344
Reply #3 on: Jul 1, 2018
Happy to help you


« previous next »
 

Did you know?

According to the American College of Allergy, Asthma & Immunology, more than 50 million Americans have some kind of food allergy. Food allergies affect between 4 and 6% of children, and 4% of adults, according to the CDC. The most common food allergies include shellfish, peanuts, walnuts, fish, eggs, milk, and soy.

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?

The most common childhood diseases include croup, chickenpox, ear infections, flu, pneumonia, ringworm, respiratory syncytial virus, scabies, head lice, and asthma.

Did you know?

About 600,000 particles of skin are shed every hour by each human. If you live to age 70 years, you have shed 105 pounds of dead skin.

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

The Two New Strands Form in Different Ways The Two New Strands Form in Different Ways
The Two New Strands Form in Different Ways The Two New Strands Form in Different Ways
Angioplasty. One form is called balloon angioplasty, shown here. A balloon catheter is threaded into Angioplasty. One form is called balloon angioplasty, shown here. A balloon catheter is threaded into
Natural Resources and Industry Natural Resources and Industry
How much energy is required to form 141.8 g of Cl2, according to the reaction below? The molar ... How much energy is required to form 141.8 g of Cl2, according to the reaction below? The molar ...
The Oil Industry: BOEM iron triangle The Oil Industry: BOEM iron triangle
Video: Gas exchange - partial pressure, locations, external and internal respiration

For a complete list of videos, visit our video library