A cartel is likely to last longer if
A) more new firms enter the market.
B) the profits of participating members are relatively stable.
C) market prices vary more over time.
D) there are more firms in the industry.
Answer: B
Economics
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a. 40; immigrants b. 50; skilled workers c. 60; unskilled workers d. 45; women
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Managers of profit centers usually have
a. A lot of discretion over decisions b. Most of their decisions overseen by corporate executives c. No discretion over decisions d. Given excessively high bonuses
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