European agricultural practices perfectly served the colonists farming in the New World

Sometimes banks tend to invest in risky stocks because the deposits of their customers are insured by the Federal Deposit Insurance Committee. This behavior is an example of ________

A) adverse selection B) moral hazard C) the paradox of thrift D) the free-rider problem

In which of the following cartels is total cartel profit likely to be the highest?

A) a cartel made up of equal sized firms each producing different quantities of a differentiated product B) a cartel made up of firms of various sizes each producing different quantities of a homogeneous product C) a cartel made up of firms of various sizes each producing the same quantity of a differentiated product D) a cartel made up of identical firms each producing the same quantity of a homogeneous product