A cartel is
A. a group of firms promoting competition.
B. most common in monopolistic competition.
C. a collusive group of firms.
D. no longer possible in our global economy.
Answer: C
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Assuming language is not an issue, what other factors besides GDP might you consider when deciding where to live and work?
A change in perceived risk of a stock changes
A) the expected dividend growth rate. B) the expected sales price. C) the required rate of return. D) the current dividend.
As the manager of good A, which of the following would be of greatest concern (based on the regression results above)?
A) None of the factors below would be of concern. B) an impending recession C) pressure on you by your salespersons to lower the price so that they can boost their sales D) a price reduction by the makers of good B
The factor distribution of income:
A. shows how much income people get from labor compared to land and capital. B. refers to the pattern of income that people derive from different factors of production. C. hasn't changed substantially in the last century in the United States. D. All of these statements are true.