____________ also known as cash cards are computerized banking transactions, they remove money directly from your account

When a profit-maximizing firm in a competitive market experiences rising prices, it will respond with an increase in production

a. True b. False Indicate whether the statement is true or false

A cartel is:

A. a duopoly with more than two firms. B. a firm that always has a dominant strategy. C. a number of firms who collude to make collective production decisions about quantities or prices. D. the "leader" of an industry, typically the firm with the largest market share.