【单选题】Assume a cartel is organized among the producers of a commodity and begins practicing collusion. The most likely effects on price and output are that:
B.
price will increase and output will decrease
C.
price will decrease and output will increase
【单选题】Refer to Figure 12.1. Assume the firms have formed a cartel. If the cartel is maximizing profits, the cartel's profits are:
D.
indeterminate from this information.
【判断题】综合式车架是由两根位于两边的纵梁和若干根横梁构成的车架
【单选题】A cartel is:
A.
a group of firms that coordinate their pricing and quantity decisions.
B.
a type of oligopoly in which the demand curve is "kinked."
C.
a duopoly market where firms have the exact product.
D.
a group of firms that all produce the same level of output.
【单选题】If a cartel is functioning at full effectiveness, then as a cartel's marginal cost of production increases, the cartel's profit maximizing price:
D.
initially decreases and then increases.
【单选题】In a cartel:
A.
Firms compete against each other
C.
Firms use price to win market share from competitors
【单选题】A cartel is:
A.
a group of oligopolists who try to behave like a single monopolist and split the benefits among themselves.
B.
a government-approved organization for the exchange of technical information among firms.
C.
an industry trade group formed to lobby political leaders
D.
a regulated industry manufacturers association that is officially permitted to set the price of its product above long-run average total cost.