Author Question: Which of the following helps to make a cartel successful? a. stable demand and costs b. ... (Read 55 times)

nramada · **on:** Jun 30, 2018

Which of the following helps to make a cartel successful?
a. stable demand and costs
b. differentiated output
c. highly variable cost conditions
d. highly variable demand conditions
e. rapidly changing technology

Question 2

Private firms and public bureaus differ in the sense that public bureaus
a. sometimes have top-level managers chosen by shareholders
b. sell most of their output on a per unit basis
c. receive most of their revenues through a budget appropriation rather than through the sales of goods or services
d. are sometimes inefficient
e. hire consultants to solve difficult problems