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A cartel is
A cartel is a grouping of producers that work together to protect their interests.
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Question
Asked 11/14/2013 12:18:30 PM
Updated 11/24/2017 3:14:35 PM
1 Answer/Comment
Edited by
Masamune
[11/24/2017 3:14:27 PM]
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A cartel is
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Masamune
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A cartel is a grouping of producers that work together to protect their interests.
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Added 11/24/2017 3:14:35 PM
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If both income and substitution-effects are strong, this region of the demand curve must be a) Relatively price elastic b) relatively price inelastic c) unit-elastic d) perfectly inelastic e) perfectly elastic
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Updated 9/8/2015 3:01:57 PM
1 Answer/Comment
8
emdjay23
If both income and substitution-effects are strong, this region of the demand curve must be: relatively price elastic.
Added 9/8/2015 3:01:57 PM
This answer has been confirmed as correct and helpful.
Confirmed by
jeifunk
[9/8/2015 8:56:19 PM]
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