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

Author Question: A group of firms that agree to coordinate their production and pricing decisions to reap monopoly ... (Read 185 times)

renzo156

  • Hero Member
  • *****
  • Posts: 526
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


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

owenfalvey

  • Sr. Member
  • ****
  • Posts: 337
Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

C


renzo156

  • Hero Member
  • *****
  • Posts: 526
Reply #2 on: Jun 30, 2018
Correct answers!


owenfalvey

  • Sr. Member
  • ****
  • Posts: 337
Reply #3 on: Jun 30, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

GI conditions that will keep you out of the U.S. armed services include ulcers, varices, fistulas, esophagitis, gastritis, congenital abnormalities, inflammatory bowel disease, enteritis, colitis, proctitis, duodenal diverticula, malabsorption syndromes, hepatitis, cirrhosis, cysts, abscesses, pancreatitis, polyps, certain hemorrhoids, splenomegaly, hernias, recent abdominal surgery, GI bypass or stomach stapling, and artificial GI openings.

Did you know?

Hypertension is a silent killer because it is deadly and has no significant early symptoms. The danger from hypertension is the extra load on the heart, which can lead to hypertensive heart disease and kidney damage. This occurs without any major symptoms until the high blood pressure becomes extreme. Regular blood pressure checks are an important method of catching hypertension before it can kill you.

Did you know?

HIV testing reach is still limited. An estimated 40% of people with HIV (more than 14 million) remain undiagnosed and do not know their infection status.

Did you know?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

Did you know?

Your skin wrinkles if you stay in the bathtub a long time because the outermost layer of skin (which consists of dead keratin) swells when it absorbs water. It is tightly attached to the skin below it, so it compensates for the increased area by wrinkling. This happens to the hands and feet because they have the thickest layer of dead keratin cells.

Microlith production. Microlith production.
The Laocoön Group, Roman copy, perhaps after Agesander, Athenodorus, and Polydorus of Rhodes. The Laocoön Group, Roman copy, perhaps after Agesander, Athenodorus, and Polydorus of Rhodes.
Basic Food Group Choices for a 1,200 Calorie Eating Plan Basic Food Group Choices for a 1,200 Calorie Eating Plan
Great Britain Production of Glass 1800s Great Britain Production of Glass 1800s
World Aquaculture Production "لإنتاج العالمي لتربية الأحياء" World Aquaculture Production "لإنتاج العالمي لتربية الأحياء"
The "Yes - Markets Self-Adjust" and "No - Markets Fail Often" camps agree The "Yes - Markets Self-Adjust" and "No - Markets Fail Often" camps agree
Video: Medullary osmotic gradient: countercurrent multiplier, urea recycling & vasa recta countercurrent exchange

For a complete list of videos, visit our video library