The main objective of the members of a cartel is to
A) earn economic profits.
B) produce efficiently.
C) make the industry more competitive.
D) obtain a patent.
A
Economics
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The first Taco Bell 7-layer burrito you ate was extraordinary. The second one was good. The third one was pretty good. The fourth one was just kind of okay. This illustrates
A) utilitarianism. B) diminishing marginal utility. C) the benefits-received principle. D) transcendentalism.
Economics
Which of the following helps to determine a currency's international role as the dominant reserve currency?
A) amount of seigniorage B) policy goals of national monetary authorities C) size of the domestic economic activity relative to international trade D) All of the above
Economics