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Author Question: A group of firms that agree to coordinate their production and pricing decisions to reap monopoly ... (Read 106 times)

renzo156

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on: Jun 30, 2018
A group of firms that agree to coordinate their production and pricing decisions to reap monopoly profit is called an oligopoly.
 a. True
  b. False

Question 2

An individual who drives a car without a muffler in an attempt to increase fuel economy is creating
 a. a positive externality
  b. a public good
  c. a negative externality
  d. a winner's curse
  e. vertical inequity


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owenfalvey

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

B

Answer to Question 2

C


renzo156

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Reply #2 on: Jun 30, 2018
Correct answers!


owenfalvey

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Reply #3 on: Jun 30, 2018
Great! Please up vote :D


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