A firm could gain from cheating on a cartel agreement by doing all of the following except:
A) raising its price above the agreed level.
B) lowering its price below the agreed level.
C) selling more than its agreed quota.
D) increasing production.
A
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In the Keynesian model, whenever planned saving exceeds planned investment
A) the interest rate will remain unchanged. B) there will be unplanned inventory depletion. C) real GDP will not be influenced. D) there will be unplanned inventory accumulation.
How do orange growers react to the news of medical research findings that suggest that eating oranges leads to greater health benefits than were previously known? a. They increase the supply of oranges
b. They increase the quantity of oranges supplied. c. They decrease the supply of oranges. d. They decrease the quantity of oranges supplied.