If a Cartel Can Earn a Profit, It Will Increase

question 137

Multiple Choice

If a cartel can earn a profit, it will increase production as long as

• A)MR > MC
• B)MR > ATC
• C)MC > MR
• D)MR < AR
• E)MR > AVC

---

Definitions:

Population Change

Alterations in the size, composition, distribution, or density of human populations over time.

Variables

Elements, characteristics, or attributes that can vary or change, often used in research to measure and analyze differences.

Demographers

Are socialscientific analysts of human population.

Louis Wirth

An influential American sociologist who focused on urban life and the social structures within cities.