Discrimination by employees:

If wheat farmers across multiple regions meet together to discuss and agree on setting prices for bushels of wheat for a certain geographic regions, these farmers are acting as a(n):

The American Medical Association:

A Delta Air Lines plane is an example of a:

A 2006 paper by Margeret Levenstein and Valerie Suslow (“What Determines Cartel Success?”) found that the following causes are common reasons why cartels break down: entering firms, the nature of the demand curve, growth of the industry, and bargaining difficulties. What other cause is also associated with bargaining difficulties?

Table: Mary, Silvia PayoffsSilviaCooperateCheatMaryCooperate$20, $20$10, $40Cheat40, 1015, 15Mary and Silvia are producers. If Mary cheats, what is Silvia’s dominant strategy?

Figure: Cartel SalesFive firms in an industry have equal and constant marginal costs and act as a cartel, with each firm agreeing to charge a price of $9. If they each sell an equal quantity of output, what revenue will each firm earn?

It is difficult to get people to pay for public goods voluntarily because these goods are:

Which U.S. president said, “Our neck is stretched over the fence and OPEC has a knife”?

The explication step of literary criticism means