Author Question: A cartel arrangement is likely to be successful for its members only if it can A) assign sales to ... (Read 207 times)

Cooldude101

  • Hero Member
  • *****
  • Posts: 557
A cartel arrangement is likely to be successful for its members only if it can
 
  A) assign sales to specific members.
  B) keep new firms from entering the industry.
  C) prevent firms not in the cartel from marketing close substitutes.
  D) do all of the above.

Question 2

People often make economic decisions they later regret, which shows
 
  A) they failed to acquire additional information up to the point where expected marginal benefit equals expected marginal cost.
  B) they failed to behave rationally.
  C) they failed to invest as much as they ought to have invested in information.
  D) none of the above.



Athena23

  • Sr. Member
  • ****
  • Posts: 305
Answer to Question 1

D

Answer to Question 2

D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

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?

About 60% of newborn infants in the United States are jaundiced; that is, they look yellow. Kernicterus is a form of brain damage caused by excessive jaundice. When babies begin to be affected by excessive jaundice and begin to have brain damage, they become excessively lethargic.

Did you know?

Since 1988, the CDC has reported a 99% reduction in bacterial meningitis caused by Haemophilus influenzae, due to the introduction of the vaccine against it.

Did you know?

Earwax has antimicrobial properties that reduce the viability of bacteria and fungus in the human ear.

Did you know?

There are major differences in the metabolism of morphine and the illegal drug heroin. Morphine mostly produces its CNS effects through m-receptors, and at k- and d-receptors. Heroin has a slight affinity for opiate receptors. Most of its actions are due to metabolism to active metabolites (6-acetylmorphine, morphine, and morphine-6-glucuronide).

For a complete list of videos, visit our video library