In this type of government, citizens play an important role because they able to vote for leaders

Cooperation among oligopolies runs counter to the public interest because it leads to underproduction and high prices. in an effort to bring resource allocation closer to the social optimum, public officials attempt to force oligopolies to compete instead of cooperating. consider the following scenario: suppose that the presidents of two auto manufacturing companies exchange text messages in which they discuss jointly raising prices on their new lines of hybrid suvs. this illegal communication would violate which of the following laws? the sherman antitrust act of 1890 the robinson–patman act of 1936 the celler–kefauver act of 1950 the clayton act of 1914

Which of the following best illustrates the importance of addressing the three questions of economics? people’s desires and needs are always changing. businesses need to use limited resources wisely. traditional methods of production are outdated. businesses need to limit production.

What does the ricardian theory state? a. countries should produce all goods and services if they canb. countries should not produce goods and services that minimize opportunity costsc. countries should import goods and services if they are cheaper in other countriesd. countries should export all goods and services if they make a profit