An agreement among members of an oligopoly to set prices and production levels is called?A)price leadership.B)competition.C)coll

Question

3 years ago

9

usion.D)imperfect monopoly.

2 answers:

Fittoniya [83] · Answer 1 · 2021-12-26T11:58:53+03:00

5 0

C. Collusion This is the definition set forth in the Econ Chapter 7.3

Mrac [35] · Answer 2 · 2021-12-26T13:09:24+03:00

Mrac [35]3 years ago

5 0

Answer:

C. Collusion

Explanation:

secret or illegal cooperation or conspiracy, especially in order to cheat or deceive others.