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Author Question: Under oligopoly the price charged by one firm is likely to affect the price charged by other firms ... (Read 89 times)

stock

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on: May 25, 2020

Question 1

In most countries there are laws that restrict either the formation of cartels or their activities. When formal or open collusion is against the law, firms may collude tacitly. Price leadership by a dominant firm is an example of tacit collusion.
◦ true
◦ false

Question 2

Under oligopoly the price charged by one firm is likely to affect the price charged by other firms in the industry.
◦ true
◦ false
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
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Marked as best answer by stock on May 25, 2020

kristenb95

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Reply #1 on: May 25, 2020
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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stock

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Reply 2 on: May 25, 2020
YES! Correct, THANKS for helping me on my review

AmberC1996

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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