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Author Question: OPEC is an example of a ________. A) duopoly with differentiated products B) monopoly C) ... (Read 42 times)

Starlight

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on: Jun 29, 2018
OPEC is an example of a ________.
 
  A) duopoly with differentiated products
  B) monopoly
  C) duopoly with homogeneous products
  D) cartel

Question 2

Overfishing leading to a rapid depletion of the stock of fish is an example of ________.
 
  A) the tragedy of the commons
  B) the free-rider problem
  C) the paradox of thrift
  D) the prisoners' dilemma


jessofishing

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

D

Answer to Question 2

A


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