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Author Question: The process of price cap regulation includes which of the following? i. a price ceiling ii. ... (Read 62 times)

kellyjaisingh

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on: Jun 29, 2018
The process of price cap regulation includes which of the following?
 
  i. a price ceiling
  ii. marginal cost pricing
  iii. average cost pricing
  A) i only
  B) ii only
  C) i and ii
  D) ii and iii
  E) i and iii

Question 2

What is the legal status of a cartel among firms in the United States?
 
  What will be an ideal response?


vish98

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Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

Cartels are illegal in the United States and in many other countries.


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