In the United States cartels are:
A. quite common in industries that produce nondurable goods.
B. in violation of the antitrust laws.
C. concentrated in monopolistically competitive industries.
D. encouraged by government policy so firms can achieve economies of scale.
Answer: B
Economics
You might also like to view...
Money is best defined as
A) anything that can be sold to pay for something. B) currency. C) anything that is backed by gold. D) anything accepted as a means of payment. E) anything that has value.
Economics
Compare the U.S. health care system to that of other countries. Are we getting superior health care for the money we spend?
Economics