--%>

Formation of a cartel

This would be easiest to form a cartel between: (w) retail grocers. (x) aluminum producers. (y) dairy farmers. (z) domestic marijuana producers.

Can anybody suggest me the proper explanation for given problem regarding Economics generally?

   Related Questions in Microeconomics

  • Q : Determine total revenue when maximizes

    Total revenue when this firm maximizes economic profits would be: (w) $72,000 per period. (x) $80,000 per period. (y) $96,000 per period. (z) $100,000 per period.

    Q : Calculating opportunity cost The

    The economics professor is paid $90,000 yearly, however knows she could earn $140,000 when she began a consulting firm. The opportunity cost of her university place is: (a) zero. (b) – $90,000. (c) $140,000. (d) $90,000. Choo

  • Q : Short Run-At least one resource is fixed

    Can someone please help me in finding out the accurate answer from the following question. In short run: (1) The quantities of all firm’s resources are variable. (2) Managers are less proficient than they are in long run. (3) At least one of the resources is fix

  • Q : Technological advancement influencing

    Describe how technological advancement influence the supply of specific product.

  • Q : Legal constraints in Labor Markets The

    The employer can legally pursue a policy of: (i) Wage discrimination which is based on the race or gender. (ii) Closed shop agreements with the unions. (iii) Firing the workers who join union. (iv) Wage discrimination mainly based on the employee’s seniority. (v

  • Q : Occurrence of equilibrium output of firm

    Economists frequently suppose that equilibrium output for any firm arises where: (w) revenue is maximized. (x) revenue is rising. (y) profit is rising. (z) profit is maximized. Can someone explain/help me with best

  • Q : Determine the analysis of the aggregate

    Analysis of the aggregate economy, or the economy as an entire, is: (w) positive economics. (x) microeconomics. (y) macroeconomics. (z) normative economics. Can someone describe/help me with best solution about problem of economic.

  • Q : Labor Force Participation Rates The

    The percentage of a specific population who is either unemployed or employed or is termed as the: (i) Labor force participation rate. (ii) Work-force proportion. (iii) Income-leisure loss curve. (iv) Substitution effect dominance rate. (v) Labor supply.

  • Q : Annual economic profit of production

    When point e corresponds to $18 per copy for St. Valentine’s Day software, so Prohibition Corporation can produce annual economic profit of at most just about: (i) $100 million. (ii) $140 million. (iii) $200 million. (iv) $300 million. (v) $400

  • Q : Negative marginal utility The economic

    The economic good becomes an economic bad whenever consumption is expanded into an area where: (1) Sellers experience the moral hazard.  (2) Marginal returns are diminishing. (3) Marginal utility is negative. (4) Buyers suffer from adverse choice. (5) Extreme cho