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

Author Question: One form of tacit collusion is for firms to follow simple 'rules of thumb'. An example is that of ... (Read 63 times)

yoooooman

  • Hero Member
  • *****
  • Posts: 557
on: May 25, 2020

Question 1

If the number of rival firms decreases this will tend to lead to a higher level of organisational slack.
◦ true
◦ false

Question 2

One form of tacit collusion is for firms to follow simple 'rules of thumb'. An example is that of average cost pricing. Average cost pricing involves setting price equal to average cost.
◦ true
◦ false
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by yoooooman on May 25, 2020

qytan

  • Sr. Member
  • ****
  • Posts: 336
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.
Answer Preview
Only 59% of students answer this correctly


yoooooman

  • Member
  • Posts: 557
Reply 2 on: May 25, 2020
YES! Correct, THANKS for helping me on my review

olderstudent

  • Member
  • Posts: 339
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

Did you know?

According to research, pregnant women tend to eat more if carrying a baby boy. Male fetuses may secrete a chemical that stimulates their mothers to step up her energy intake.

Did you know?

Increased intake of vitamin D has been shown to reduce fractures up to 25% in older people.

Did you know?

The average adult has about 21 square feet of skin.

Did you know?

Patients should never assume they are being given the appropriate drugs. They should make sure they know which drugs are being prescribed, and always double-check that the drugs received match the prescription.

The Two New Strands Form in Different Ways The Two New Strands Form in Different Ways
Varicella or chickenpox, a viral skin infection. In this photograph, the rash is beginning to form s Varicella or chickenpox, a viral skin infection. In this photograph, the rash is beginning to form s
Pairs of heavy and light chains combine to form a Y-shaped molecule Pairs of heavy and light chains combine to form a Y-shaped molecule
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
a) Keep your thumb straight when applying pressure. b) Avoid hyperextending the thumb. c) Avoid ... a) Keep your thumb straight when applying pressure. b) Avoid hyperextending the thumb. c) Avoid ...
Two simple reflex arcs Two simple reflex arcs
Video: Genetic terms Animation

For a complete list of videos, visit our video library