The success of a cartel rests upon
A) inducing all members to limit their combined output and charge the same price.
B) inducing all members to differentiate their products and charge different prices.
C) making exit from the cartel as nearly costless as possible.
D) discouraging some firms in the market from joining.
A
Economics
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When net capital outflows are negative,
A) capital inflows are greater than capital outflows. B) net factor payments must be positive. C) the current account must be negative. D) foreign direct investment must be greater than foreign portfolio investment.
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The VMP is the Value of Marginal Product.
A. True B. False C. Uncertain
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