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Author Question: One form of tacit collusion is for firms to follow simple 'rules of thumb'. An example is that of ... (Read 29 times)

yoooooman

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Question 1

If the number of rival firms decreases this will tend to lead to a higher level of organisational slack.
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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
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Marked as best answer by yoooooman on May 25, 2020

qytan

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yoooooman

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Reply 2 on: May 25, 2020
Excellent


helenmarkerine

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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