Author Question: If all actions are known to all then there is A) a focused economy. B) a negative externality. ... (Read 17 times)

SO00

  • Hero Member
  • *****
  • Posts: 568
If all actions are known to all then there is
 A) a focused economy.
  B) a negative externality.
  C) transparency.
  D) a dictatorship.

Question 2

Individual members of a cartel have an incentive to ____ the cartel agreement because pursuit of ____ will maximize individual profit.
 a. adhere to; self-interest
 b. cheat on; collective interest
  c. cheat on; self-interest
 d. adhere to; collective interest



juicepod

  • Sr. Member
  • ****
  • Posts: 310
Answer to Question 1

C

Answer to Question 2

c



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

Did you know?

During the twentieth century, a variant of the metric system was used in Russia and France in which the base unit of mass was the tonne. Instead of kilograms, this system used millitonnes (mt).

Did you know?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

Did you know?

All adverse reactions are commonly charted in red ink in the patient's record and usually are noted on the front of the chart. Failure to follow correct documentation procedures may result in malpractice lawsuits.

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

For a complete list of videos, visit our video library