Without trade, a country's production possibilities frontier is also its consumption possibilities frontier.
Therefore, your answer is d.
The major reason that firms form a cartel is to maximize joint profits. The Option D is correct.
<h3>What is a cartel?</h3>
A cartel refers to the association of independent firms or individuals for the purpose of exerting some form of restrictive or monopolistic influence on the production or sale of a commodity. The most common arrangements of cartel are aimed at regulating prices or output or dividing up markets.
According to economist, the main justification for the establishment of cartels is for the protection from ruinous competition, which, it is alleged, causes the entire industry’s profits to be too low.
A cartelization provide for distributing fair shares of the total market among all competing firms and the most common practices employed by cartels in maintaining their industry’s monopoly position including the fixing of prices, the allocation of sales quotas or exclusive sales territories.
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The answer is A
—Explanation—
•] Ethics, also called moral philosophy, the discipline concerned with what is morally good and bad and morally right and wrong. The term is also applied to any system or theory of moral values or principles.
Answer:
Cobalt has 27 protons while Nickel has 28.
Explanation:
atomic mass does have to do with protons and neutrons, but its not what places the elements
