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Author Question: A cartel is a. explicit collusion b. a conglomerate merger c. a horizontal merger d. legal in ... (Read 94 times)

Frost2351

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  • Posts: 557
on: Jun 30, 2018
A cartel is
 a. explicit collusion
  b. a conglomerate merger
  c. a horizontal merger
  d. legal in the United States
  e. implicit collusion

Question 2

The fire department receives its revenues from the government budget, not on a per-fire-extinguished basis. As a result, it is difficult for department officials to know if
 a. the fire department is even needed
  b. too much or too little fire protection is being supplied
  c. fires should be extinguished
  d. they should raise or lower price
  e. keep the difference between revenues and costs


johnharpe

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

A

Answer to Question 2

B


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