If zinc suppliers are successful in forming an international zinc cartel, they will experience
a. lower output and higher prices, which discourage the entry of new firms into the industry
b. lower output, higher prices, and the need to organize an effort to prevent the entry of new firms into the industry
c. higher output and higher prices, which discourage the entry of new firms into the industry
d. higher output, higher prices, and the need to organize an effort to prevent the entry of new firms into the industry
e. none of the above
B
You might also like to view...
On average, in the recessions since 1950, it has taken ________ for real GDP to return to its cyclical peak
A) about 6 months B) about 1 year C) about 18 months D) almost 2.5 years
Health insurance typically pays for most preventive care procedures in all of the following countries except
A) the United States. B) Canada. C) Japan. D) the United Kingdom.