This topic contains a solution. Click here to go to the answer

Author Question: Which of the following statements about "explicit collusion" in an oligopolistic industry is correct? (Read 15 times)

Deej

  • Full Member
  • ***
  • Posts: 144
Which of the following statements about "explicit collusion" in an oligopolistic industry is correct?
◦ It results in competitive behaviour.
◦ It occurs when firms achieve the cooperative outcome without an explicit agreement.
◦ It is a form of predatory pricing.
◦ It results in a non-cooperative equilibrium.
◦ It occurs when firms make an explicit agreement to cooperate.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Deej on Oct 12, 2022

gcurrens

  • Full Member
  • ***
  • Posts: 170
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 39% of students answer this correctly




Deej

  • Member
  • Posts: 144
Reply 2 on: Oct 12, 2022
Excellent


AmberC1996

  • Member
  • Posts: 317
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

The most destructive flu epidemic of all times in recorded history occurred in 1918, with approximately 20 million deaths worldwide.

Did you know?

The first war in which wide-scale use of anesthetics occurred was the Civil War, and 80% of all wounds were in the extremities.

Did you know?

Nitroglycerin is used to alleviate various heart-related conditions, and it is also the chief component of dynamite (but mixed in a solid clay base to stabilize it).

Did you know?

There can actually be a 25-hour time difference between certain locations in the world. The International Date Line passes between the islands of Samoa and American Samoa. It is not a straight line, but "zig-zags" around various island chains. Therefore, Samoa and nearby islands have one date, while American Samoa and nearby islands are one day behind. Daylight saving time is used in some islands, but not in others—further shifting the hours out of sync with natural time.

Did you know?

The immune system needs 9.5 hours of sleep in total darkness to recharge completely.

For a complete list of videos, visit our video library