What determines the success of a cartel?
What will be an ideal response?
There are two important considerations that determine how successful a collusive arrangement is: the detection and punishment of cheaters and the long-term value of the market in which the colluding firms operate.
Economics
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In the above table, the merchandise trade balance for Country X is ________ billion dollars
A) +100 B) -150 C) +150 D) -100
Economics
The marginal tax rate has less effect on economic incentives than does the average tax rate
a. True b. False Indicate whether the statement is true or false
Economics