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 173 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?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

Cutaneous mucormycosis is a rare fungal infection that has been fatal in at least 29% of cases, and in as many as 83% of cases, depending on the patient's health prior to infection. It has occurred often after natural disasters such as tornados, and early treatment is essential.

Did you know?

A recent study has found that following a diet rich in berries may slow down the aging process of the brain. This diet apparently helps to keep dopamine levels much higher than are seen in normal individuals who do not eat berries as a regular part of their diet as they enter their later years.

Did you know?

In Eastern Europe and Russia, interferon is administered intranasally in varied doses for the common cold and influenza. It is claimed that this treatment can lower the risk of infection by as much as 60–70%.

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

Lateral Group of Descending Motor Tracts Lateral Group of Descending Motor Tracts
Ventromedial Group of Descending Motor Tracts Ventromedial Group of Descending Motor Tracts
Thyroid hormone production—Relationship between pituitary and thyroid glands. Thyroid hormone ... Thyroid hormone production—Relationship between pituitary and thyroid glands. Thyroid hormone ...
Major U.S. Centers of Cattle, Corn, Wheat, and Soybean Production Major U.S. Centers of Cattle, Corn, Wheat, and Soybean Production
Production of ATP in Skeletal Muscle Production of ATP in Skeletal Muscle
Structures of Voice Production Structures of Voice Production
Video: Blood Test Basics

For a complete list of videos, visit our video library