Which Is False Regarding Derechos

question 149

Multiple Choice

Which is false regarding Derechos?

• A) They are caused by the same conditions that cause thunderstorms and tornadoes.
• B) They occur mainly from May to August.
• C) They have been measured at 57 m/s (128 mph).
• D) The winds travel in a curved path.
• E) They occur mainly in the Midwest and Southeast.

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Definitions:

Cournot Model

A model of oligopoly in which firms choose their output levels simultaneously, assuming the output of the rivals as given, to maximize their own profit.

Collude

To come to a secret understanding for a harmful purpose; conspiracy between firms to fix prices or otherwise restrict competition.

Tacit Collusion

A situation where firms in a market understand each other's behaviors and outcomes without direct communication, leading to a form of non-competitive equilibrium.

Antitrust Laws

Legislation enacted to prevent new monopolies from forming and police those that already exist to protect consumers and ensure fair competition in the marketplace.