TRUE/FALSE. between 2005 and 2007, asphalt firms in kentucky practiced tacit collusion.

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Answer 1

It is True that between 2005 and 2007, asphalt firms in kentucky practiced tacit collusion.

Tacit collusion refers to a situation where competing firms engage in a coordinated behavior that leads to higher prices and reduced competition, without any explicit agreement or communication.

Instead, the firms may use implicit signals or understandings to coordinate their actions, such as following the lead of a dominant firm or matching each other's prices.

Tacit collusion occurs when firms in a market engage in coordinated behavior without any explicit agreement or communication. They might do this by following the actions of a dominant firm or by making strategic decisions based on their understanding of the market.

In the case of asphalt firms in Kentucky between 2005 and 2007, there was evidence of tacit collusion. According to a study by the Kentucky Legislative Research Commission, during this period, asphalt prices increased significantly, and there was a high level of concentration in the market.

The study found that the price increases were not entirely due to the rising costs of raw materials, such as oil. Instead, it was suggested that the high market concentration allowed firms to coordinate their pricing decisions and effectively raise prices without any explicit agreement or communication.

This behavior is consistent with the concept of tacit collusion, where firms in a concentrated market engage in coordinated pricing strategies without explicit communication or agreements.

In the case of the Kentucky asphalt market, the evidence suggests that this type of collusion was practiced between 2005 and 2007.

In conclusion, it is accurate to say that between 2005 and 2007, asphalt firms in Kentucky practiced tacit collusion, leading to increased prices and market concentration during that time period.

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Related Questions

Select the correct answer from each drop-down menu. The South favored the spread of slavery because its mining wanted skilled workers and opposed slavery. economy depended on enslaved labor. On the other hand, the Reset Next South West North​

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Answer:

Explanation:

Based on historical perspective, the South favored the spread of slavery because "its plantation economy depended on enslaved labor." On the other hand, the "North" wanted skilled workers and opposed slavery.

Difference between North and South of United States before the Civil War

Following the American Revolution period, the Southern part of the United States based its economy on agriculture thereby wanted slavery to continue to grow their plantation.

In contrast, the Northern part is more industrialized. Therefore, they seek skilled workers and reject a continuation of slavery.

Hence, in this case, it is concluded that both North and South want different things regarding the issue of slavery in the United States.

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Choose a labor union and briefly describe who they were and what they did.

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The labor union chosen for description is the American Federation of Labor (AFL). Founded in 1886, the AFL was a federation of skilled craft unions that advocated for workers' rights, higher wages, and improved working conditions through collective bargaining and strikes.

The American Federation of Labor (AFL) was a significant labor union in the United States during the late 19th and early 20th centuries. It was founded in 1886 by Samuel Gompers and served as a federation of various skilled craft unions. The AFL primarily represented the interests of skilled workers, such as carpenters, plumbers, and electricians.

The AFL focused on achieving better working conditions, higher wages, and improved benefits for its members. It believed in the power of collective bargaining, where the union negotiated with employers on behalf of its members to secure favorable terms of employment. The AFL emphasized the idea of "bread and butter" unionism, focusing on immediate and practical gains for workers rather than broader political or social reforms.

The AFL played a significant role in the labor movement, advocating for the eight-hour workday, workplace safety regulations, and the end of child labor. It also organized strikes and boycotts to put pressure on employers to meet the demands of workers. The AFL's approach of organizing skilled workers and negotiating with employers influenced the development of modern labor practices and set the foundation for later labor unions in the United States.

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1. Choose a social issue or movement to research outside of the United States. You may select from the following:
• Women's rights in Afghanistan
• Internet access in China
• Untouchables in India
. Children's rights in Africa
2. Conduct research to address the following questions:
• Describe the issue, including key people and organizations active in addressing the cause.
• What methods and strategies are these groups, or advocates for them, using to gain civil rights?
• What similarities does this effort share with social movements in the United States? What differences do you recognize?
• Based on what you know of civil rights movements and the actions these groups are taking, what do you project will happen? Describe how they
will be successful and challenges they will face.
. If you first identify what you believe successful means, it will help you frame your presentation. You are not required to explain your
understanding of success.
3. Create a presentation in your choice of format that includes all the above information. Options include but are not limited to a photo story, podcast,
PowerPoint, video, or editorial
. Depending on the format you choose, be sure to follow recommended guidelines. As always, consider your audience. For instance, your
audience would not want to read paragraphs of information in a slideshow projected on a screen. In this case, you should incorporate visual
rhetoric into your 21st century presentation skills

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Answer:

Internet Access in China

Issue

Around the world, people use the internet to access information, entertainment, and more. We tend to think of the internet as a system that lacks control, and which everyone is able to access. However, this is not the case in China. China follows a strict mechanism of censorship that restricts the internet for Chinese people. This censorship and surveillance affects roughly 700 million users. Many of these have fought in different ways for free access.

Key people and organizations

It is not easy to establish who is fighting against the system, as these people are often hiding from authorities. However, this group often includes hackers, coders, software programmers, political activists, developers and virtual private network (VPN) suppliers.

Methods and strategies

One of the strategies these groups use is that of developing code or other tools to circumvent the government's censorship. Famous examples are Shadowsocks and GoAgent. VPN allows users to tunnel into the Internet via a different country. Therefore, these are popular among users as well.

Explanation:

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What is "For to everyone who has, more will be given, and he will have abundance; but from him who does not have, even what he has will be taken away. " often paraphrased as?

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The quote "For to everyone who has, more will be given, and he will have abundance; but from him who does not have, even what he has will be taken away" is often paraphrased as "The rich get richer, and the poor get poorer."

This paraphrase captures the essence of the quote, which reflects the concept of wealth accumulation and inequality. It suggests that those who already possess wealth or resources will continue to gain more, leading to abundance, while those who are lacking will experience further deprivation. This phrase is often used to describe a socio-economic phenomenon where disparities in wealth and opportunity perpetuate over time, with the affluent benefiting from advantages and the disadvantaged facing increased challenges. It highlights the unequal distribution of resources and the potential for a cycle of poverty and wealth concentration.

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Which region has become Washington State’s population center due in part to the miles of bays that shape its coastline and the area’s shipping industry?

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The Puget Sound region, with its extensive coastline and thriving shipping industry, has become Washington State's population center.

The region that has become Washington State's population center due to its coastline and shipping industry is the Puget Sound region. The natural geography of the area, including the extensive bays and inlets of Puget Sound, has made it a favorable location for trade and transportation, attracting businesses and population growth.

The Puget Sound region, encompassing cities such as Seattle, Tacoma, and Bellevue, has a thriving maritime industry that includes ports, shipyards, and a strong shipping infrastructure. The region's deepwater ports and access to international trade routes have made it a hub for commerce and a center for economic activity. The presence of major shipping companies, manufacturing facilities, and a skilled workforce has further contributed to the region's growth and development. The combination of natural resources, strategic location, and a robust shipping industry has made the Puget Sound region the population center of Washington State.

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Which Sung dynasty innovation most helped sea trade flourish?gunpowderthe compassthe Silk Roadthe Grand Canal

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The innovation from the Sung dynasty that most helped sea trade flourish was the compass.

The compass was a crucial innovation that revolutionized maritime navigation during the Sung dynasty. It provided sailors with a reliable method for determining direction, allowing them to navigate accurately even when out of sight of land. By using the magnetic properties of the compass needle aligned with the Earth's magnetic field, sailors could maintain a steady course and explore new trade routes with greater confidence.

The invention of the compass significantly enhanced the safety and efficiency of sea travel. It enabled sailors to venture farther into unknown waters, discover new trade routes, and establish profitable connections with distant regions. The compass played a pivotal role in the expansion of maritime trade during the Sung dynasty, facilitating exchanges of goods, ideas, and cultures between China and other parts of Asia and beyond. Without the compass, sea trade would have been much more challenging, and the extent of global connectivity achieved during this period would have been significantly limited.

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Point of View: Which person or group’s perspective was most fully developed in this article? Use details from the article to explain this person or group’s perspective on the situation. Conclude by explaining a person or group’s perspective that was not fully developed.



China and U. S. In the 20th Century, Part One: The Cold War Comes to Asia

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The article most fully develops the perspective of the United States in the 20th century during the Cold War in Asia. The details provided in the article give insights into the U.S. perspective on the situation.

The article focuses primarily on the United States' perspective in the 20th century during the Cold War in Asia. It provides details about the U.S. involvement in the region and its efforts to contain the spread of communism, particularly in countries like China and Korea.

The article highlights the U.S. perception of communism as a threat to democracy and capitalism, leading to its active engagement in military interventions and diplomatic maneuvers.

The article further elaborates on the U.S.'s strategic alliances, such as the formation of SEATO (Southeast Asia Treaty Organization) and support for anti-communist governments in the region. It mentions the U.S.'s concern about the spread of communism and the potential domino effect if one country were to fall under communist influence.

On the other hand, the article does not fully develop China's perspective during the Cold War in Asia. While China's involvement and perspective are briefly mentioned in relation to the Korean War and its support for North Korea, the article primarily focuses on the United States' actions and policies.

Therefore, China's perspective and motivations behind its actions in the region are not extensively explored or discussed in the article.

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10. ________ was a pictographic writing system inscribed on cast-bronze objects and was also used for important treaties, penal codes, and legal contracts

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The correct answer is the Oracle Bone Script (also known as Oracle Bone Inscriptions or Oracle Bone Writing).

It was a pictographic writing system used in ancient China during the Shang Dynasty (around the 14th to the 11th century BCE). The Oracle Bone Script was primarily inscribed on animal bones or turtle shells, which were then used for divination purposes. These inscriptions often contained important historical records, divinations, or religious texts, as well as records of treaties, penal codes, and legal contracts.

The writing system primarily involved inscribing characters onto animal bones or turtle shells. These bones and shells were often used for divination purposes, where questions would be carved onto them, and then heat was applied until they cracked. The cracks created during the process were interpreted as answers from the divine realm. The inscriptions on the bones and shells were made by carving or scratching characters into them, and then heating them to produce the cracks.

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