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Author Question: When firms act as if they had an agreement this is called (Read 20 times)

j.rubin

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Question 1

The market structure in which behaviour of any given firm depends on the behaviour of the other firms in the industry is
◦ oligopoly.
◦ monopolistic competition.
◦ monopoly.
◦ perfect competition.

Question 2

When firms act as if they had an agreement this is called
◦ tacit collusion.
◦ explicit quotas.
◦ a cartel.
◦ oligopoly.


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Marked as best answer by j.rubin on May 25, 2020

kingfahad97

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j.rubin

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Reply 2 on: May 25, 2020
Wow, this really help


bitingbit

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Reply 3 on: Yesterday
Gracias!

 

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