This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which of the following explains why two firms, Apex and Bongo, would engage in implicit collusion, ... (Read 29 times)

soccerdreamer_17

  • Hero Member
  • *****
  • Posts: 552
on: Jun 29, 2018
Which of the following explains why two firms, Apex and Bongo, would engage in implicit collusion, rather than explicit collusion?
 
  A) Implicit collusion always has an enforcement mechanism that forces both firms to collude; explicit collusion does not have an enforcement mechanism.
  B) Implicit collusion is less costly to both firms than explicit collusion; therefore, profits will be greater for both firms if they engage in implicit collusion.
  C) Implicit collusion allows Apex to increase its profits at the expense of Bongo without Bongo knowing that collusion has occurred; if Apex engages in explicit collusion, Bongo will realize collusion has taken place and retaliate against Apex.
  D) explicit collusion is illegal; if the managers of Apex and Bongo engage in implicit collusion they may be within the law.

Question 2

GDP in a country grew from 10 billion to 14 billion over the span of 5 years. The percentage change in GDP was
 
  A) 4. B) 7. C) 10. D) 40.
InMicro ¦ Hubbard, O'Brien ¦ 1st Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

aloop

  • Sr. Member
  • ****
  • Posts: 315
Reply #1 on: Jun 29, 2018
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


soccerdreamer_17

  • Hero Member
  • *****
  • Posts: 552
Reply #2 on: Jun 29, 2018
Correct answers!


aloop

  • Sr. Member
  • ****
  • Posts: 315
Reply #3 on: Jun 29, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

For pediatric patients, intravenous fluids are the most commonly cited products involved in medication errors that are reported to the USP.

Did you know?

In 1864, the first barbiturate (barbituric acid) was synthesized.

Did you know?

The FDA recognizes 118 routes of administration.

Did you know?

The average person is easily confused by the terms pharmaceutics and pharmacology, thinking they are one and the same. Whereas pharmaceutics is the science of preparing and dispensing drugs (otherwise known as the science of pharmacy), pharmacology is the study of medications.

Did you know?

The first monoclonal antibodies were made exclusively from mouse cells. Some are now fully human, which means they are likely to be safer and may be more effective than older monoclonal antibodies.

Independent assortment of chromosomes at meiosis explains Mendel's ratio Independent assortment of chromosomes at meiosis explains Mendel's ratio
Male giraffes will engage in necking to establish dominance. Male giraffes will engage in necking to establish dominance.
Alligators are apex predators capable of killing large terrestrial prey. This large AAmerican alliga Alligators are apex predators capable of killing large terrestrial prey. This large AAmerican alliga
Independent assortment of chromosomes at meiosis explains Mendel’s ratio Independent assortment of chromosomes at meiosis explains Mendel’s ratio
Both humans and apes readily engage in learned imitative behavior. Both humans and apes readily engage in learned imitative behavior.
In Second Life, multiplayer online game, two avatars engage in virtual courtship. In Second Life, multiplayer online game, two avatars engage in virtual courtship.
Video: Bond types - Atomic structure and basis of bonds

For a complete list of videos, visit our video library