Question and answer
Cartels are difficult to operate for which of the following reasons? a. They work only if members keep to their agreed output. b. They are illegal worldwide. c. Firms in a cartel are likely to lose money. d. The products are perfectly competitive. Please select the best answer from the choices provided
Cartels are difficult to operate since they only work if members keep to their agreed output. source:
Ask a question
Not a good answer? Get an answer now. (FREE)
Original conversation
User: Cartels are difficult to operate for which of the following reasons? a. They work only if members keep to their agreed output. b. They are illegal worldwide. c. Firms in a cartel are likely to lose money. d. The products are perfectly competitive. Please select the best answer from the choices provided

Weegy: Cartels are difficult to operate since they only work if members keep to their agreed output. source:
Expert answered|sdibiase|Points 70|

User: Diamonds have a higher monetary value than water because: a. diamonds are scarce. c. water has limited value. b. diamonds are a necessity. d. water has little utility. Please select the best answer from the choices provided

Question
Asked 9/26/2012 8:55:46 AM
0 Answers/Comments
New answers
Rating

There are no new answers.

Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
Questions asked by the same visitor
A baker calculates that by spending $16 on labor and materials, she can bake 10 cakes a day. $24 will allow her to bake 12 cakes, while $36 spent on labor and materials produces 14 cakes. In terms of capital and labor, the baker has a. increasing marginal returns. c. decreasing marginal returns. b. constant marginal returns. d. negative marginal returns. Please select the best answer from the choices provided
Weegy: The answer to your question is C. If she could bake 10 cakes for $16 you would expect her to bake double the amount for double the price. However, she can only bake 14 cakes for 4 extra dollars. [ You can see the definition of decreasing marginal returns (also known as diminishing returns) here: ] User: An entrepreneur knits sweaters for sale. The entrepreneur has fixed costs of $100. When he makes 10 sweaters in one month, he must ... (More)
Question
All Categories|No Subcategories|Expert Answered
Asked 9/21/2012 6:22:51 AM
0 Answers/Comments
Production costs are determined not only by the prices of inputs, but also by _______. a. intangibles c. competition b. technology d. consumer needs Please select the best answer from the choices provided
Weegy: {b. technology} Production costs are determined not only by the prices of inputs, but also by technology. (More)
Question
All Categories|No Subcategories|Expert Answered
Asked 9/21/2012 6:31:33 AM
0 Answers/Comments
The number of suppliers that enter and leave the market has no effect on the amount of goods or services supplied. Please select the best answer from the choices provided true
Weegy: Could you please provide a question in order to better assist you? Thank you. User: Which example best demonstrates the practice of the U.S. government providing subsidies to American industry? a. Offering a decrease in the excise tax for automakers who produce environmentally friendly cars. b. Deregulating the utilities and power companies. c. Encouraging farmers to switch to organic methods by supplying financial support. d. ... (More)
Question
All Categories|No Subcategories|Expert Answered
Asked 9/21/2012 7:57:58 AM
0 Answers/Comments
The number of suppliers that enter and leave the market has no effect on the amount of goods or services supplied. Please select the best answer from the choices provided true or false
Weegy: The answer is "false " (More)
Question
All Categories|No Subcategories|Expert Answered
Asked 9/21/2012 7:51:24 AM
0 Answers/Comments
Home | Contact | Terms | Privacy | Social | ©2013 Purple Inc.
Popular Conversations
The Cultural Revolution was a plan to a. make Chinese culture popular ...
Weegy: The Cultural Revolution was a plan to replace ancient culture with a socialist culture. As well as removing ...
4/15/2014 2:15:34 PM| 13 Answers
1. Simplify the expression. 22 + (32 – 42) User: 3. Evaluate the ...
Weegy: 4y + 5 = ? 31 4y = -31 - 5 4y = -36 y = -36/4 y = -9 User: Solve the equation. Check your answer. 3x – 7 = ...
4/15/2014 4:20:45 PM| 4 Answers
What is the slope of the line that passes through the points (-2, ...
Weegy: (-3)^-2 = 1/(-3)^2 = 1/9 User: What is the slope of the line that passes through the points (3, -2) and (9, ...
4/15/2014 6:30:47 AM| 3 Answers
what is anthropology
Weegy: Anthropology is the study of humankind, past and present, that draws and builds upon knowledge from social and ...
4/16/2014 3:13:10 AM| 3 Answers
Twenty-seven is 25% of a0.
Weegy: 15% of 25 is 3.75 User: what is 27 times 4 Weegy: You can factor the second part by using factors of 27 that ...
4/16/2014 3:46:34 AM| 3 Answers
All of the following were achievements of the Sumerian culture ...
Weegy: All of the following were achievements of the Sumerian culture except the Great Pyramid.
4/15/2014 6:46:30 AM| 2 Answers
Weegy Stuff
S
L
P
C
P
C
1
L
P
C
Points 1294 [Total 9175]| Ratings 0| Comments 1294| Invitations 0|Offline
S
L
P
C
L
P
C
Points 1269 [Total 6656]| Ratings 0| Comments 1269| Invitations 0|Online
S
1
L
1
L
P
Points 396 [Total 7073]| Ratings 1| Comments 386| Invitations 0|Online
S
L
Points 341 [Total 2788]| Ratings 2| Comments 311| Invitations 1|Offline
S
Points 138 [Total 554]| Ratings 0| Comments 138| Invitations 0|Offline
S
1
Points 137 [Total 467]| Ratings 3| Comments 107| Invitations 0|Offline
S
R
Points 96 [Total 208]| Ratings 5| Comments 36| Invitations 1|Offline
S
Points 92 [Total 736]| Ratings 1| Comments 82| Invitations 0|Offline
S
Points 83 [Total 83]| Ratings 4| Comments 23| Invitations 2|Online
S
P
C
L
P
Points 76 [Total 3921]| Ratings 0| Comments 76| Invitations 0|Offline