Which of the following is most likely to be a partnership?
a. Uncle Mort's Red Wrigglers
b. the accounting firm of Hope and Williams
c. General Motors
d. the Boston Symphony Orchestra
e. the U.S. Post Office
B
Economics
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Why do oligopoly firms find it difficult to cooperate and not cheat on a cartel agreement?
What will be an ideal response?
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Technological advances: a. Shift only the short run aggregate supply curve to the right
b. Shift only the long run aggregate supply curve to the right. c. Shift both short run and long run aggregate supply curves to the right. d. Do none of the above
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