« previous next »

Author Question: When is a collusive agreement between two firms likely to break down? What will be an ideal ... (Read 98 times)

go.lag

  • Hero Member
  • *****
  • Posts: 667
on: Jun 29, 2018
When is a collusive agreement between two firms likely to break down?
 
  What will be an ideal response?

Question 2

Health insurance plans which typically reimburse doctors and hospitals with payment for each service they provide are known as
 
  A) single-health-payer systems. B) health maintenance organizations.
  C) fee-for-service plans. D) preferred provider organizations.


al

  • Sr. Member
  • ****
  • Posts: 344
Reply #1 on: Jun 29, 2018
Answer to Question 1

A collusive agreement might break down if either firm cheats and charges a lower price. If the other firm fails to detect it, the firm that lowers its price may be able to capture the entire market.

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Glaucoma is a leading cause of blindness. As of yet, there is no cure. Everyone is at risk, and there may be no warning signs. It is six to eight times more common in African Americans than in whites. The best and most effective way to detect glaucoma is to receive a dilated eye examination.

Did you know?

GI conditions that will keep you out of the U.S. armed services include ulcers, varices, fistulas, esophagitis, gastritis, congenital abnormalities, inflammatory bowel disease, enteritis, colitis, proctitis, duodenal diverticula, malabsorption syndromes, hepatitis, cirrhosis, cysts, abscesses, pancreatitis, polyps, certain hemorrhoids, splenomegaly, hernias, recent abdominal surgery, GI bypass or stomach stapling, and artificial GI openings.

Did you know?

Aspirin may benefit 11 different cancers, including those of the colon, pancreas, lungs, prostate, breasts, and leukemia.

Did you know?

Pubic lice (crabs) are usually spread through sexual contact. You cannot catch them by using a public toilet.

Did you know?

All adults should have their cholesterol levels checked once every 5 years. During 2009–2010, 69.4% of Americans age 20 and older reported having their cholesterol checked within the last five years.

Transverse Breaks the shaft of a bone across its longitudinal axis; the break is in the fibula, the Transverse Breaks the shaft of a bone across its longitudinal axis; the break is in the fibula, the
Spiral Produced by twisting stresses that are spread along the length of a bone (note the break in t Spiral Produced by twisting stresses that are spread along the length of a bone (note the break in t
J. P. Morgan, the financial genius, staved off ruinous competition among steel firms by combining mo J. P. Morgan, the financial genius, staved off ruinous competition among steel firms by combining mo
The Number of Children Americans Think Are Ideal The Number of Children Americans Think Are Ideal
If debris gets into an oil pump, the drive or distributor shaft can twist and/or break. When this ... If debris gets into an oil pump, the drive or distributor shaft can twist and/or break. When this ...
Schengen Agreement Schengen Agreement
Video: Normal and abnormal blood pH

For a complete list of videos, visit our video library