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

Author Question: Prices under an ideal cartel situation will be equal to A) monopoly prices. B) competitive ... (Read 196 times)

Pea0909berry

  • Hero Member
  • *****
  • Posts: 573
on: Jul 1, 2018
Prices under an ideal cartel situation will be equal to
 
  A) monopoly prices.
  B) competitive prices.
  C) prices under monopolistic competition.
  D) marginal cost.

Question 2

Which of the following cannot be determined on the basis of the above regression results?
 
  A) the degree of price elasticity of good B
  B) whether or not good A is normal
  C) the degree of competition between A and B
  D) All of the above can be determined.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Sarahjh

  • Sr. Member
  • ****
  • Posts: 370
Reply #1 on: Jul 1, 2018
Answer to Question 1

A

Answer to Question 2

A


Pea0909berry

  • Member
  • Posts: 573
Reply 2 on: Jul 1, 2018
Great answer, keep it coming :)

jordangronback

  • Member
  • Posts: 339
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Hyperthyroidism leads to an increased rate of metabolism and affects about 1% of women but only 0.1% of men. For most people, this increased metabolic rate causes the thyroid gland to become enlarged (known as a goiter).

Did you know?

About 3.2 billion people, nearly half the world population, are at risk for malaria. In 2015, there are about 214 million malaria cases and an estimated 438,000 malaria deaths.

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

Did you know?

The immune system needs 9.5 hours of sleep in total darkness to recharge completely.

Did you know?

Approximately one in four people diagnosed with diabetes will develop foot problems. Of these, about one-third will require lower extremity amputation.

The strange situation. The Strange Situation features a series of episodes in which (a) the mother l The strange situation. The Strange Situation features a series of episodes in which (a) the mother l
Role-Playing a Situation in Which a Patient Is from Another Culture Role-Playing a Situation in Which a Patient Is from Another Culture
Cultures Ideal Body Types Cultures Ideal Body Types
In the box on upward social mobility on page 82, we discussed how Latinos face a similar situation. ... In the box on upward social mobility on page 82, we discussed how Latinos face a similar situation. ...
Lineweaver–Burk plots of the reactions with and without a competitive inhibitor Lineweaver–Burk plots of the reactions with and without a competitive inhibitor
A very light ideal spring stretches by when it is used to hang a 135-N object. What is the ... A very light ideal spring stretches by when it is used to hang a 135-N object. What is the ...
Video: Hydrogen bonds vs. Ionic bond

For a complete list of videos, visit our video library