A cartel is a group of firms which agree to
A) behave competitively.
B) raise the price of their product.
C) lower the price of their product.
D) increase the amount they produce.
B
Economics
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Using the data in the above table, what is the marginal product of the second worker?
A) 4.5 pizzas per hour B) 4 pizzas per hour C) 5 pizzas per hour D) The marginal product is undefined.
Economics
Economic growth solves the problem of scarcity.
Answer the following statement true (T) or false (F)
Economics