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Author Question: Some market conditions make cartels MORE likely to succeed in collusion. Which of the following will ... (Read 32 times)

WhattoUnderstand

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on: Jul 1, 2018
Some market conditions make cartels MORE likely to succeed in collusion. Which of the following will make collusion more successful?
 a. The products are heterogeneous
  b. The orders are small and frequent
  c. The firms are all about the same size
  d. Costs differ across the firms
  e. Firms are geographically widely scattered

Question 2

The prisoner's dilemma is an example of:
 a. A sequential game
  b. A non-cooperative game.
  c. A shirking game
  d. A dating game


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nital

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Reply #1 on: Jul 1, 2018
Answer to Question 1

b

Answer to Question 2

b


WhattoUnderstand

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Reply 2 on: Jul 1, 2018
Excellent

tkempin

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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