What is the legal status of a cartel among firms in the United States?
What will be an ideal response?
Cartels are illegal in the United States and in many other countries.
Economics
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Which of the following statements is CORRECT?
A) When demand increases, both the price and the quantity increase. B) When demand decreases, the price rises and the quantity decreases. C) When supply increases, the quantity decreases and the price rises. D) When supply decreases, both the price and the quantity decrease.
Economics
American manufacturers rapidly dropped waterwheels when the steam engine was introduced
Indicate whether the statement is true or false
Economics