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

Author Question: What two conditions must be present for a cartel to work? What will be an ideal ... (Read 223 times)

Mollykgkg

  • Hero Member
  • *****
  • Posts: 529
on: Jun 29, 2018
What two conditions must be present for a cartel to work?
 
  What will be an ideal response?

Question 2

National income is derived from gross domestic product by
 
  A) adding personal income and transfer payments to gross domestic product.
  B) subtracting depreciation from gross domestic product.
  C) subtracting retained earnings from gross domestic product.
  D) adding personal taxes and depreciation to gross domestic product.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

matt

  • Sr. Member
  • ****
  • Posts: 344
Reply #1 on: Jun 29, 2018
Answer to Question 1

(1.) The demand for the cartel's product must be inelastic.
(2.) The members of the cartel must play by the rules.

Answer to Question 2

B


Mollykgkg

  • Member
  • Posts: 529
Reply 2 on: Jun 29, 2018
Gracias!

  • Member
  • Posts:
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

Bacteria have flourished on the earth for over three billion years. They were the first life forms on the planet.

Did you know?

Every 10 seconds, a person in the United States goes to the emergency room complaining of head pain. About 1.2 million visits are for acute migraine attacks.

Did you know?

More than 2,500 barbiturates have been synthesized. At the height of their popularity, about 50 were marketed for human use.

Did you know?

Alcohol acts as a diuretic. Eight ounces of water is needed to metabolize just 1 ounce of alcohol.

Helping maintain accurate patient records is a critical part of the medical assistant's work. Helping maintain accurate patient records is a critical part of the medical assistant's work.
Work and Gender: Women at Work in India Work and Gender: Women at Work in India
How to calculate present value (Question 3) How to calculate present value (Question 3)
How to calculate present value using the compound interest formula (Question 1) How to calculate present value using the compound interest formula (Question 1)
A sample of work by a Grade 4 student with a specific learning disorder A sample of work by a Grade 4 student with a specific learning disorder
home work question home work question
Video: Introduction to Eating Disorders

For a complete list of videos, visit our video library