1. The economy of India (with a population of one billion) has begun to industrialize, and per capita income there is rising. What impact will this growth have on the demand for oil and diamonds?and thus on their prices? Explain. 2. Suppose there is a decline in marginal costs for one member of a cartel. What impact will this have on the incentive of that firm to cheat on the cartel agreement? Explain.

Additional RequirementsMin Pages: 2Max Pages: 2Level of Detail: Show all workOther Requirements: One answer per page.

Welcome to Vision Essays! For over 10 years we have been helping students like you write, research, and generate ideas for their research papers, essays, term papers, dissertations, editing, resumes, and any other type of work your learning institution may assign you.

We can write any paper and have flexible payment plans with a minimum deadline of 6 Hrs.

Type of paper Academic level Subject area
Number of pages Paper urgency Cost per page: