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Author Question: Tacit collusion (Read 35 times)

rlane42

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on: Apr 19, 2019

Question 1

________ occurs when price- and quantity-fixing agreements among producers are implicit.


◦ Tacit collusion
◦ A Cournot model
◦ A price-leadership model
◦ A monopoly

Question 2

Tacit collusion


◦ is legal under the U.S. antitrust laws.
◦ occurs when firms engage in formal agreements to reduce output and increase prices in their industry.
◦ is more likely to be successful in increasing industry profits when there are a few, similar firms in the industry.
◦ is more likely to effectively raise prices in the industry when demand is elastic.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by rlane42 on Apr 19, 2019

katara

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Reply #1 on: Apr 19, 2019
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.
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rlane42

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Reply #2 on: Apr 19, 2019
Thank you!


katara

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Reply #3 on: Apr 19, 2019
Always glad to help...


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