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

Author Question: If a cartel can earn a profit, it will increase production as long as a. MR > MC b. MR > ATC ... (Read 17 times)

plus1

  • Hero Member
  • *****
  • Posts: 676
on: Jun 30, 2018
If a cartel can earn a profit, it will increase production as long as
 a. MR > MC
  b. MR > ATC
  c. MC > MR
  d. MR < AR
  e. MR > AVC

Question 2

Officials have estimated the size of the U.S. underground economy to be approximately
 a. 6 to 8 percent of GDP
  b. about 5 trillion
  c. 50 percent of GDP
  d. 60-80 billion
  e. about 1 trillion


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

isabelt_18

  • Sr. Member
  • ****
  • Posts: 342
Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

E


plus1

  • Member
  • Posts: 676
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

mohan

  • Member
  • Posts: 362
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Atropine, along with scopolamine and hyoscyamine, is found in the Datura stramonium plant, which gives hallucinogenic effects and is also known as locoweed.

Did you know?

Not getting enough sleep can greatly weaken the immune system. Lack of sleep makes you more likely to catch a cold, or more difficult to fight off an infection.

Did you know?

In most climates, 8 to 10 glasses of water per day is recommended for adults. The best indicator for adequate fluid intake is frequent, clear urination.

Did you know?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

Did you know?

Anti-aging claims should not ever be believed. There is no supplement, medication, or any other substance that has been proven to slow or stop the aging process.

Primary production is constrained by the most limiting factor. Primary production is constrained by the most limiting factor.
Does Intelligence Increase with Brain Size? Does Intelligence Increase with Brain Size?
Atmospheric pressure decreases with increase in altitude. Atmospheric pressure decreases with increase in altitude.
Cereal production in Africa may decrease by as much as 50% by 2080 in some areas Cereal production in Africa may decrease by as much as 50% by 2080 in some areas
A horizontal, 2.00 m long, 3.00 kg uniform beam that lies along the east-west di A horizontal, 2.00 m long, 3.00 kg uniform beam that lies along the east-west di
Video: What are Taste Receptors? How Does it Work? Animation

For a complete list of videos, visit our video library