--%>
Assignment Help - homework help

Weakest and least efficient producers of Cartels

Cartels are generally supported most strongly by: (w) the largest and most efficient producers in the industry. (x) the weakest and least efficient producers in the industry. (y) buyers of the output of the industry. (z) consumer advocate groups.

I need a good answer on the topic of Economics problems. Please give me your suggestion for the same by using above options.

   Related Questions in Microeconomics

  • Q : Illustration of Distribution of Income

    An illustration of distribution of income in accord along with the contribution standard occurs while: (1) the federal government relies on a very progressive income tax for most of its revenue. (2) production is produced, “from each, according

    		•
  • Q : Monopsonistic firms-Pay lower wages I

    I have a problem in economics on Monopsonistic firms-Pay lower wages. Please help me in the following question. Relative to the firms hiring in a competitive labor market, the monopsonistic firms tend to: (1) Hire more workers. (2) Hire labor up to a

    		•
  • Q : Labor-Leisure Tradeoffs When leisure is

    When leisure is a normal good, in that case the demand for leisure: (1) varies directly with income. (2) has declined sharply from World War II. (3) is positively associated to the average age of the population. (4) shifts leftward as a result of tech

    		•
  • Q : Managerial economics and good business

    please find the attached file (project) and qoute for it. minimus 7 pages required.

    		•
  • Q : Utilitarianism-Peoples happiness The

    The social goal of providing the biggest happiness to the most people is intent to practice the: (i) Precautionary discretion. (ii) Classical theory. (iii) Utilitarianism. (iv) Speculative balances. (v) Arbitrage. Can someone pleas

    		•
  • 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 : Illustration of limit pricing strategy

    An illustration of limit pricing strategy occurs while the incumbent firm: (w) sets a price below costs to drive its competitor out of the market. (x) redesigns its product lines to create components incompatible along with rivals. (y) which has a cos

    		•
  • Q : Nondiscriminating monopoly Tell answer

    Tell answer of this question.Refer to the following data for a nondiscriminating monopolist. At its profit-maximizing output, this firm will be operating in the: 1) perfectly elastic portion of its demand curve. 2) perfectly inelastic portion of its demand curve. 3)

    		•
  • Q : Effect on total revenue by raises price

    A price raise from $6 to $8 would effect in: (1) a decrease in total revenue. (2) an increase in total revenue. (3) no change in total revenue. (4) consumers buying more pizza. (5) pizza parlors selling more pizza.

  • Q : Collective bargaining agreement Provide

    Provide the solution of this question. A COLA is a clause in a collective bargaining agreement that: 1) specifies that one or more soft drink machines be available in each plant. 2) requires nonunion workers nevertheless to pay union dues. 3) automatically adjusts vac

    		•