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Question
pregunta 31 (1 punto)
a group that acts together to set prices and limit output is called a/an ___.
a trust
b merger
c monopoly
d cartel
pregunta 32 (2 puntos)
a ___ is a business owned by 2 or more people who agree on how to divide responsibilities and profits.
a corporation
b sole proprietorship
c partnership
d dividend
For Pregunta 31: A cartel is a group of firms that collude to set prices and limit output.
For Pregunta 32: A partnership is a business owned by two or more people sharing responsibilities and profits.
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d. cartel
c. partnership