Is the cost of producing a good goes up, what happens to the price?

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

Alarge new diamond mine has just opened and the price of diamonds has gone down since she has study economics is cecilia decides to buy diamond necklace and she knows that

Which of the following most likely contributed to the outbreak of world war ii? a. embargoes on international trade b. higher tariff rates in european countries c. sanctions imposed by the united states d. global economic depression