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Author Question: In a typical cartel agreement, the cartel maximizes profit when it: a. behaves as a duopolist. b. ... (Read 135 times)

kfurse

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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


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popopong

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Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

D


kfurse

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Reply 2 on: Jun 30, 2018
Wow, this really help

ryhom

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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