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Author Question: A member of a cartel earns more profits by producing more than its quota and selling at a price ... (Read 115 times)

berenicecastro

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on: Jun 29, 2018
A member of a cartel earns more profits by producing more than its quota and selling at a price higher than the cartel's price.
 
  Indicate whether the statement is true or false

Question 2

An increase in the supply of capital, which is a substitute to labor, will lead to a decrease in the demand for labor.
 
  Indicate whether the statement is true or false
InMicro ¦ Hubbard, O'Brien ¦ 1st Edition
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Ahernandez18

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

FALSE

Answer to Question 2

TRUE


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