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

Author Question: In a typical cartel agreement, the cartel maximizes profit when it: a. behaves as a duopolist. b. ... (Read 147 times)

kfurse

  • Hero Member
  • *****
  • Posts: 590
on: Jun 30, 2018
In a typical cartel agreement, the cartel maximizes profit when it:
 a. behaves as a duopolist.
 b. is flexible in enforcing production targets.
  c. behaves as a monopolist.
 d. behaves as a perfectly competitive firm.

Question 2

_____ is the price paid by the insured to sell the risk to the insurer, which must cover the expected payout if a disaster occurs.
 a. Insurance interest
  b. Insurance coverage
  c. Insurance bonus
  d. Insurance premium


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

popopong

  • Sr. Member
  • ****
  • Posts: 307
Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

D


kfurse

  • Member
  • Posts: 590
Reply 2 on: Jun 30, 2018
:D TYSM

carojassy25

  • Member
  • Posts: 299
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

Did you know?

Always store hazardous household chemicals in their original containers out of reach of children. These include bleach, paint, strippers and products containing turpentine, garden chemicals, oven cleaners, fondue fuels, nail polish, and nail polish remover.

Did you know?

More than 4.4billion prescriptions were dispensed within the United States in 2016.

Did you know?

Certain rare plants containing cyanide include apricot pits and a type of potato called cassava. Fortunately, only chronic or massive ingestion of any of these plants can lead to serious poisoning.

Phosphatidylcholine, a typical phosphoglyceride Phosphatidylcholine, a typical phosphoglyceride
A typical variable cam timing control valve. The solenoid is controlled by the engine computer and ... A typical variable cam timing control valve. The solenoid is controlled by the engine computer and ...
A typical heated zirconia oxygen sensor, showing the sensor signal circuit that uses the outer ... A typical heated zirconia oxygen sensor, showing the sensor signal circuit that uses the outer ...
A typical massage room has adequate space for equipment and pleasant decorations. A typical massage room has adequate space for equipment and pleasant decorations.
Profit-maximizing Chart Profit-maximizing Chart
Anatomy of a typical flower: cherry (Prunus avium) Anatomy of a typical flower: cherry (Prunus avium)
Video: Audiology

For a complete list of videos, visit our video library