Refer to Figure 12.1. Assume the firms have formed a cartel. If the cartel is maximizing profits, the cartel's profits are:
$1,080.
举一反三
- Refer to Figure 12.1. Six firms that produce chewing gum have formed a cartel. The cartel faces the market demand curve given by D. To maximize profits, the cartel should produce ________ packs of chewing gum and the price should be ________.
- Oligopolists maximise their total profits by forming a cartel anf acting like monopolist. A: right. B: wrong.
- A cartel is:
- Refer to Figure 12.7 The numerical data show daily profits for each of the two firms when they choose a specific pricing strategy.In the Nash equilibrium:
- 9. An association of independent firms or nations who attempt to control price or supply of a commodity (such as oil) through mutual restraint on production is known as _____. A: concern B: syndicate C: trust D: cartel
内容
- 0
If firms in an industry enjoy positive profits, other firms would like to enter this market.
- 1
Competition among firms in an industry can lower prices and profits
- 2
On the ___ side, profits have increased.
- 3
市场组织按其行为目标可以分为以下几种主要类型： A: 生产者卡特尔(Cartel) B: 一般生产者组织 C: 国际研究机构 D: 国际组织
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No.15.These financial firms took huge, reckless risks in ____ of short-term profits and soaring bonuses. (pursue)