If all actions are known to all then there is A) a focused ...

[SO00]

If all actions are known to all then there is
 A) a focused economy.
  B) a negative externality.
  C) transparency.
  D) a dictatorship.

Question 2

Individual members of a cartel have an incentive to ____ the cartel agreement because pursuit of ____ will maximize individual profit.
 a. adhere to; self-interest
 b. cheat on; collective interest
  c. cheat on; self-interest
 d. adhere to; collective interest

[juicepod]

Answer to Question 1

C

Answer to Question 2

c