If Zinc Suppliers Are Successful in Forming an International Zinc

question 201

Multiple Choice

If zinc suppliers are successful in forming an international zinc cartel, they will experience

• A)lower output and higher prices, which discourage the entry of new firms into the industry
• B)lower output, higher prices, and the need to organize an effort to prevent the entry of new firms into the industry
• C)higher output and higher prices, which discourage the entry of new firms into the industry
• D)higher output, higher prices, and the need to organize an effort to prevent the entry of new firms into the industry
• E)none of the above

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Definitions:

Payee

The party in a financial transaction who receives payment.

Certificate Of Deposit

A savings certificate entitling the bearer to receive interest, representing a time deposit with a bank or financial institution that has a fixed maturity date.

Time Deposit

A bank deposit with a fixed term or period of maturity, often offering higher interest rates than regular savings accounts.

Maturity

The time at which a financial obligation is due to be paid or a financial instrument, such as a bond, reaches its final installment.