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Author Question: Which of the following statements about "tacit collusion" in an oligopolistic industry is correct? (Read 47 times)

majortom123

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Which of the following statements about "tacit collusion" in an oligopolistic industry is correct?
◦ It results in a non-cooperative equilibrium.
◦ It results in competitive behaviour.
◦ It occurs when firms make an explicit agreement to cooperate.
◦ It is a form of predatory pricing.
◦ It occurs when firms achieve the cooperative outcome without an explicit agreement.


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Marked as best answer by majortom123 on Oct 12, 2022

BryanAultm

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majortom123

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Reply 2 on: Oct 12, 2022
Great answer, keep it coming :)


Bigfoot1984

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Reply 3 on: Yesterday
:D TYSM

 

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