One of the fundamental problems a cartel faces is
A. to determine how much each producer will lower its profit.
B. to determine how much each producer will increase its output.
C. to determine how much each producer will decrease its output.
D. to determine how much each producer will lower it price.
Answer: C
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Banks and mutual funds are examples of financial markets
a. True b. False Indicate whether the statement is true or false
Disclosing information in more usable ways to decision-makers:
A. can nudge people toward making better decisions. B. can decrease the occurrence of rational ignorance in decision-making. C. has been useful to organizations like the EPA in getting desired outcomes, like people deciding to buy more gas-efficient cars. D. All of these statements are true.
The government would be running a budget surplus if:
A. Government spending is lower than consumer spending B. Tax revenues are less than government spending C. It imports less from abroad than it exports D. Government spends less than it collects in taxes
The reserves kept as cash in the vault of a commercial bank are considered its assets
a. True b. False Indicate whether the statement is true or false