A cartel is a form of
A) collusion.
B) vertical merger.
C) noncooperative competition.
D) negative sum game.
A
Economics
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The only way standard of living can increase is through increases in labor productivity
a. True b. False Indicate whether the statement is true or false
Economics
A university offers a free shuttle service around campus. The opportunity cost of the shuttle service to the university is equal to: a. zero, since it is free to students who want to ride
b. the wages paid to the shuttle drivers. c. the wages paid to the shuttle drivers, plus the gasoline expenses. d. the highest valued alternative use of the resources devoted to the shuttle program.
Economics