When deciding on output levels, members of a cartel a. set their output where mr=mc b. produce the same level of output as if they were in a competitive market c. take into account the impact of changes on members' profits d. act as if they were monopolies.

Option(D) is correct.

Explanation:

Correct option:  Act as if they were monopolies.

Cartel is a group of few firms that work towards the common goal. Because all the cartel members works together, that's why they act like a monopolies.

They decided to produce at a level where their combined marginal revenue is equal to the combined marginal cost.

Because they behave like a monopolist, so they sell lesser quantity at a higher prices than would be in a perfectly competitive market.

1   all nations face the problem of scarcity because there are limited resources and unlimited wants. nations do not have enough factors of production to produce everything that their population wants. entrepreneurial resources initiate businesses to make new goods and services; labor resources produce goods and services.

2 there are four factors of production: natural resources, labor resources, capital resources, and entrepreneurial resources. natural resources are raw materials from nature that are used to produce goods. trees, water, and grains are natural resources. some natural resources, such as wheat and cattle, are renewable

3 wants

things that you do not need to have in order to survive, but would like to have

needs

things that you must have in order to survive

goods

physical products

services

tasks that a business perform for customers

resources

items that people can use to make or obtain what they need or want

determine

to settle or decide by choice of alternatives or possiblities

4 i really dont know

answer; ///deficit;