Which statement is true?

A. American industry is very competitive.
B. There is no competition in American industry.
C. In order to have competition you need to have many firms in an industry.
D. The electrical and natural gas industries are good examples of competition at work.

C. In order to have competition you need to have many firms in an industry.

Economics

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Which of the following companies was not fined in 2011 for attempting to run an international cartel and fix prices?

A. Intel. B. Danfoss. C. Panasonic. D. Whirlpool.

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What are unfunded liabilities? Give an example

Please provide the best answer for the statement.

Economics