It would be impossible for members of the fast-food industry to collude to fix prices because
A) there are too many fast-food firms in the market.
B) collusion is illegal.
C) there are not enough fast-food firms in the market.
D) the price of fast-food is too low.
E) demanders would not buy from firms that collude.
A
Economics
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Municipal bonds are issued
A) only by local governments. B) only by state governments. C) by both state and local governments. D) by the federal government, and by state and local governments.
Economics
The credit spread between government bonds and corporate bonds is ________
A) countercyclical and coincident B) procyclical and coincident C) procyclical and lagging D) countercyclical and leading E) acyclical
Economics