1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Genrish500 [490]
4 years ago
7

What is the difference between explicit collusion and implicit​ collusion? Unlike explicit​ collusion, implicit collusion

Business
1 answer:
lesya [120]4 years ago
4 0

Answer:

The basic difference between both are explained below.

Explanation:

Explicit collusion is where firms meet and agree to charge the same price, and an example of implicit collusion is price leadership. Unlike explicit collusion, implicit collusion unlike explicit collusion, implicit collusion is where firms signal to each other without actually meeting and agreeing to charge the same price.

Unlike explicit collusion, wherever the occurrence of an accommodation that would lend ammunition for an antitrust court case might be unscrewed, implied collusion is challenging to document as well as to verify. Implicit collusion frequently seems to be nothing more than all firms individually responding to shifting market circumstances.

You might be interested in
The NIPP Call to Action is meant to guide the collaborative efforts of the critical infrastructure community to advance security
Alex17521 [72]

Answer:

B. Promote infrastructure, community, and regional recovery following incidents.

Explanation:NIPP (NATIONAL INFRASTRUCTURES PROTECTION PLAN is a policy of the federal government of the United States of America,it is aimed at ensuring that funds received from the private sector are used to address certain identified critically important and most beneficial infrastructural challenges. This policy is directly connected with Federal agencies and Departments who take part in the infrastructure projects in the United States of America.

6 0
4 years ago
Read 2 more answers
The Overland Company is preparing its cash budget for the month of June. The following information is available concerning its a
Alex777 [14]

Answer:

total estimated cash collections = $300,050

Explanation:

estimated collections during June:

collections of credit sales from May = $257,000 x 65% = $167,050

collections from credit sales before May = $50,000

collections from credit sales during June = $332,000 x 25% = $83,000

total estimated cash collections = $300,050

the write offs and the bad debt provisions are not included in this calculation.

8 0
3 years ago
Arbor Corporation had reported the following amounts at December 31, 2014: Sales revenue $184,000: ending inventory $11,600: beg
Rudiy27

Answer:

The cost of goods available for sale is $74100.

Explanation:

The cost of goods available for sale is the total cost of the inventory that a business has available during a period of time for sale. The cost of goods available for sale is calculated by adding the beginning inventory with the cost of goods purchased.

The cost of goods purchased during the year = 60400 - 3000 - 1100 + 600 = $56900

The cost of goods available for sale = Beginning inventory + cost of goods purchased

The cost of goods available for sale =  17200 + 56900 = $74100

5 0
3 years ago
Which of the following statements about recessions is false?
drek231 [11]
The correct answer is choice D- 

It not true that a <span>recession is usually no longer than six months. A recession van be longer than 6 months (it takes a 6 months fall in real GDP for a recession to occur), but </span>a recession generally<span> does </span>not<span> last </span>longer than<span> a year. Beyond a year, the situation is much severe, and is called an economic depression.</span>
7 0
3 years ago
Read 2 more answers
A posthypnotic suggestion is made ________ a hypnosis session and intended to be carried out in the future when the subject is _
kvasek [131]
<span>A posthypnotic suggestion is made before a hypnosis session and intended to be carried out in the future when the subject has already been reawakened. The suggestion is usually carried out in response to a cue such as a snap or a clap.</span>
7 0
3 years ago
Other questions:
  • Deployment Specialists pays a current (annual) dividend of $1 and is expected to grow at 20% for two years and then at 3% therea
    14·1 answer
  • Eastman Company had a $400 credit balance in Allowance for Doubtful Accounts at December 31, 2012, before the current year's pro
    14·1 answer
  • Why should you include your GPA on your resume?
    7·2 answers
  • There would be no separation between one country’s economy and another’s if the entire world
    14·2 answers
  • What is the legal business name of a sole proprietorship
    15·1 answer
  • Sailmaster makes high-performance sails for competitive windsurfers. Below is information about the inputs and outputs for one m
    10·1 answer
  • Which particular demographic do you think has the most effect on consumer purchasing decisions? Explain.
    12·1 answer
  • Remmel Corporation has provided the following contribution format income statement. Assume that the following information is wit
    7·1 answer
  • Below, you are given the total revenue and total cost associated with producing and selling different quantities of a good. You
    13·1 answer
  • The demand curve in a purely competitive industry is ______, while the demand curve to a single firm in that industry is ______.
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!