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Author Question: Which of the following situations would be least likely in an oligopolistic market with just two or ... (Read 116 times)

jho37

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Question 1

If firms collude on price they also often have to agree on
◦ legal payments.
◦ quotas.
◦ tariffs.
◦ illegal payments.

Question 2

Which of the following situations would be least likely in an oligopolistic market with just two or three firms?
◦ A tendency for firms to collude, at least tacitly
◦ Price wars
◦ Competition through product differentiation
◦ Barriers to the entry of new firms


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Marked as best answer by jho37 on May 25, 2020

jsm54321

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jho37

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Reply 2 on: May 25, 2020
Thanks for the timely response, appreciate it


isabelt_18

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Reply 3 on: Yesterday
:D TYSM

 

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