A cartel usually has a collusive agreement to
A) restrict output.
B) boost output.
C) lower the price.
D) increase the number of firms in the industry.
A
Economics
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Under a price cap regulation, the regulated industry has an incentive to
A) operate efficiently and not inflate its costs. B) inflate costs. C) decrease its output. D) None of the above answers is correct.
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________ within the U.S. can make loans to foreigners but cannot make loans to domestic residents
A) Edge Act corporations B) International Banking Facilities C) Universal banks D) Euro banks
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