OPEC is an example of a ________. A) duopoly with differentiated products B) monopoly C) ...

Author Question: OPEC is an example of a ________. A) duopoly with differentiated products B) monopoly C) ... (Read 46 times)

Starlight

Hero Member
Posts: 567

on: Jun 29, 2018

OPEC is an example of a ________.

A) duopoly with differentiated products
B) monopoly
C) duopoly with homogeneous products
D) cartel

Question 2

Overfishing leading to a rapid depletion of the stock of fish is an example of ________.

A) the tragedy of the commons
B) the free-rider problem
C) the paradox of thrift
D) the prisoners' dilemma

jessofishing

Sr. Member
Posts: 329

Reply #1 on: Jun 29, 2018

Answer to Question 1

D

Answer to Question 2

A

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