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

Author Question: A cartel is defined to be A) any oligopolistic industry with fewer than 4 firms. B) a form of ... (Read 39 times)

penza

  • Hero Member
  • *****
  • Posts: 1,022
on: Jul 1, 2018
A cartel is defined to be
 
  A) any oligopolistic industry with fewer than 4 firms.
  B) a form of oligopoly in which firms agree to sell at different prices like in monopolistic competition.
  C) a form of oligopoly in which firms formally agree to establish a common strategy, often a common price, in effect acting like a monopoly.
  D) a form of oligopoly in which firms agree to compete with each other on an equal basis.

Question 2

Social Security is paid for by an earmarked payroll tax.
 
  a. True b. False


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

mcabuhat

  • Sr. Member
  • ****
  • Posts: 344
Reply #1 on: Jul 1, 2018
Answer to Question 1

C

Answer to Question 2

a


penza

  • Hero Member
  • *****
  • Posts: 1,022
Reply #2 on: Jul 1, 2018
Thank you :)


mcabuhat

  • Sr. Member
  • ****
  • Posts: 344
Reply #3 on: Jul 1, 2018
Happy to help you


« previous next »
 

Did you know?

Human stomach acid is strong enough to dissolve small pieces of metal such as razor blades or staples.

Did you know?

Liver spots have nothing whatsoever to do with the liver. They are a type of freckles commonly seen in older adults who have been out in the sun without sufficient sunscreen.

Did you know?

For pediatric patients, intravenous fluids are the most commonly cited products involved in medication errors that are reported to the USP.

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

Did you know?

The U.S. Pharmacopeia Medication Errors Reporting Program states that approximately 50% of all medication errors involve insulin.

Men and women report having fewer days with stressors as they go from middle to older adulthood, and ... Men and women report having fewer days with stressors as they go from middle to older adulthood, and ...
Nanomaterials Applications and Industry Used Nanomaterials Applications and Industry Used
First-Pass Effect: Oral Drug Is Metabolized to an Inactive Form Before It Has an Opportunity to ... First-Pass Effect: Oral Drug Is Metabolized to an Inactive Form Before It Has an Opportunity to ...
Many plastic intake manifolds are constructed using many parts glued together to form complex ... Many plastic intake manifolds are constructed using many parts glued together to form complex ...
How to determine an equation in vertex form of a parabola How to determine an equation in vertex form of a parabola
How to analyze transformations of a quadratic equation that is in vertex form How to analyze transformations of a quadratic equation that is in vertex form
Video: Gastrulation: cross section of the frog

For a complete list of videos, visit our video library