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Read and, if necessary, reread the above lecture. NEXT WEEK IS THE MIDTERM EXAM.
Read and, if necessary, reread the above lecture. NEXT WEEK IS THE MIDTERM EXAM.
Below are review questions that you need not answer to hand in. You may ask questions and possibly review answers on [[Talk:Economics|here]] and Model Answers for the course to date are being posted [[Economics:Model Answers|here]].
Below are review questions that you need not answer to hand in. You may ask questions and possibly review answers [[Talk:Economics|here]] and Model Answers for the course to date are being posted [[Economics:Model Answers|here]].
1. An oligopoly that illegally agrees to raise its prices is called a __________.
1. An oligopoly that illegally agrees to raise its prices is called a __________.