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 50 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
Wow, this really help

cpetit11

  • Member
  • Posts: 321
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

The first monoclonal antibodies were made exclusively from mouse cells. Some are now fully human, which means they are likely to be safer and may be more effective than older monoclonal antibodies.

Did you know?

Asthma attacks and symptoms usually get started by specific triggers (such as viruses, allergies, gases, and air particles). You should talk to your doctor about these triggers and find ways to avoid or get rid of them.

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?

There are actually 60 minerals, 16 vitamins, 12 essential amino acids, and three essential fatty acids that your body needs every day.

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

Local/long distance cell Signaling Local/long distance cell Signaling
A photograph of Commodore Matthew Perry in 1855 juxtaposed with a Japanese portrait of him. When Per A photograph of Commodore Matthew Perry in 1855 juxtaposed with a Japanese portrait of him. When Per
A typical camshaft-driven high-pressure pump used to increase fuel pressure to 2,000 PSI or higher. A typical camshaft-driven high-pressure pump used to increase fuel pressure to 2,000 PSI or higher.
The neural pathway responsible for the production and learning of song in the male canary. The neural pathway responsible for the production and learning of song in the male canary.
Part of a Semantic Network in Long-Term Memory Part of a Semantic Network in Long-Term Memory
Perform the indicated division (long division polynomials) Perform the indicated division (long division polynomials)
Video: Natural Selection, Species Isolation and Real World Example

For a complete list of videos, visit our video library