Directions: Choose the Best Answer Based on the Information You

question 19

True/False

Directions: Choose the best answer based on the information you read in Chapter 9.
​ Revising involves making major improvements, especially in ideas, organization, and voice

---

Definitions:

Game Theory

A theoretical framework for conceiving social situations among competing players and analyzing strategies in situations of conflict and cooperation.

Collude

To cooperate with others secretly or unlawfully to deceive or gain an unfair advantage, often in a way that is deceitful or fraudulent.

Cartels

Organizations or associations formed by businesses in the same industry to regulate production, fix prices, or otherwise control and limit competition.

OPEC

The Organization of Petroleum Exporting Countries, an intergovernmental organization focused on coordinating and unifying petroleum policies among its member countries to secure fair and stable prices for petroleum producers.