1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Verdich [7]
2 years ago
14

Which statement is false? A monopoly sells lower-quality products at higher prices than in a perfect competition. Natural monopo

lies are necessary to avoid wasteful duplication of resources. Collusion is legal in the United States, but cartels are not. The start-up costs in a monopolistically competitive industry are low. Homogeneous products leave consumers with no choice.
History
2 answers:
patriot [66]2 years ago
8 0

The correct answer is: "Collusion is legal in the United States, but cartels are not".

The Sherman Antitrust Act, was a federal law enacted back in 1890 to regulate competition among companies. It bans anticompetitive (colusive) agreements between enterprises that sell the same product and avoid to compete by fixing market prices together or by determining production quotas for each firm. It also bans cartels, which are differenced corporations that act jointly as if they were a monopoly and hence, attend their joint interests instead of competing. Any conduct that restricts competition is limited by this legislation.

Moreover, the act also prohibits monopolistic behaviour when it is undertaken by a single firm.

beks73 [17]2 years ago
7 0
Homogeneous products leave consumers with no choice. Is false. Trust me. Hope I helped.
You might be interested in
WHY WERE THE gold PROSPECTORS CALLED 49ERS?
STALIN [3.7K]
It was the year of the great gold rush my dude goodluck
6 0
2 years ago
Read 2 more answers
How was russia still considered behind the west even after modernizing?
zaharov [31]

Answer:

S0vIeT rUsSiA is considered behind the west even after modernizing because their engginering was not that much helpful

Explanation: this helps right give 25 pts plz

4 0
3 years ago
Read 2 more answers
The blue line on this map represents what major river? A) Amazon B) Euphrates C) Nile D) Tigris
Pie
The answer is the A) the Amazon 
5 0
3 years ago
Read 2 more answers
What was the approximate population of the Ottoman Empire when the Mughal Empire in India was founded in 1520? 11 million 15 mil
wolverine [178]

the awncer is 11 million people at this time.

3 0
3 years ago
Read 2 more answers
What was the purpose of sharecropping
ANTONII [103]

Answer:

Following the Civil War, plantation owners were unable to farm their land. They did not have slaves or money to pay a free labor force, so sharecropping developed as a system that could benefit plantation owners and former slaves.

Explanation:

After the Civil War, former slaves sought jobs, and planters sought laborers. The absence of cash or an independent credit system led to the creation of sharecropping. ... The Great Depression, mechanization, and other factors lead sharecropping to fade away in the 1940s.

5 0
2 years ago
Other questions:
  • Which accurately describes military conquests of the Ottoman Empire?
    10·2 answers
  • I am an african american worker who was the first person killed in the boston massacre. who am i?
    14·2 answers
  • Millions of slaves were brought from Africa to North and South America to perform labor. Which of the following was one of the j
    12·1 answer
  • Who was a leader of an independence movement in Asia or Africa during the 20th century
    15·1 answer
  • HELP WILL GIVE BRAINLIEST TIMED!!!In 1787, the fate of the Constitution was in the hands of
    8·2 answers
  • Why did Muslims of India lose their economic and social standing in the subcontinent during British rule? *
    13·1 answer
  • Which term best describes the Roman Empire during the Pax Romana? A unstable B democratic C revolutionary D prosperous
    11·1 answer
  • The three most common qualities measured
    8·1 answer
  • How did Shays Rebellion effect the Articles?
    6·1 answer
  • The Egyptians had a close trade relationship with:
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!