Cartels are more likely to succeed the larger the number of firms in an industry

a. True
b. False

B

Economics

You might also like to view...

Checking account deposits are counted in M1, but savings account deposits are not because

A) checking deposits can be used for payment; cash in savings cannot. B) checking deposits are a form of consumption; savings deposits are a form of investments. C) Trick question! Neither type is counted in M1. D) Trick question! Both deposit types are counted in M1.

Economics

If the number of employees who quit, are fired, or retire increases while the hiring of new employees declines, this indicates that the

A) labor supply curve is shifting to the right. B) labor demand curve is shifting to the left. C) labor demand curve is shifting to the right. D) labor supply curve and labor demand curve are both shifting to the right.

Economics