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Author Question: If all actions are known to all then there is A) a focused economy. B) a negative externality. ... (Read 38 times)

SO00

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on: Jun 30, 2018
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

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Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

c


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