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Author Question: Under which of the following circumstances is collusion likely to break down? (Read 108 times)

KWilfred

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Question 1

Which of the following make collusion more likely?
◦ There is not a dominant firm.
◦ They are many firms in the industry.
◦ There are significant barriers to entry.
◦ They produce very different products.

Question 2

Under which of the following circumstances is collusion likely to break down?
◦ The market becomes more stable.
◦ One of the firms becomes dominant in the industry.
◦ There is a reduction in barriers to international trade.
◦ The number of firms in the industry decreases.


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Marked as best answer by KWilfred on May 25, 2020

SeanoH09

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KWilfred

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


bitingbit

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Reply 3 on: Yesterday
Wow, this really help

 

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