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trapecia [35]
3 years ago
15

Name one form of collusion

Business
2 answers:
Vera_Pavlovna [14]3 years ago
3 0

Answer:

price fixing

Explanation:

The collusion occurs when firms agree to collaborate in a way that disrupt markets such as fixing prices above the actual price to alter the equilibrium of the market

boyakko [2]3 years ago
3 0

Answer:

Price fixing

Explanation:

-Price lowering is when a company decreases the price for a product or service.

-Profit maximization is when a business defines the quantity and price that provides more benefits.

-Price fixing is when companies in the same market make an agreement to sell a product at a certain price which is considered illegal.

-Profit sharing is when companies share a percentage of its profits with the employees.

Considering the definitions and that collusion is when competitors make a secret agreement to get an advantage in the market, the answer is that the form of collusion is price fixing.

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2 years ago
An oligopolistic market structure is distinguished by several characteristics, one of which is either similar or identical produ
Diano4ka-milaya [45]

Answer:

Difficult entry, Mutual interdependence, Market is control by a few large firms.

Explanation:

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3 years ago
When filling out paperwork after you've been hired, you must have a:
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3 years ago
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After visiting several automobile dealerships, Richard selects the used car he wants. He likes its $11,500 price, but financing
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Explanation:

I = Prt

I = (10000)(.11)(4) = $4400

Total Cost = Down Payment + Principal Borrowed + Interest

Total Cost = 2000 + 8000 + 4400

= $14,400

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Monthly Payment = (10,000 + 4400) / 48

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3 years ago
A group of farmers agreed that if any farmer suffered a property loss, the loss would be spread over the entire group. In this w
mixas84 [53]

Answer:

pooling losses

Explanation:

This agreement embodies the concept of pooling losses. In this concept, each individual loss is spread over to the entire group. In order for this arrangement to be effective, a large number of farmers are required, so whenever a farmer suffers a loss, it will be mitigated due to the pooling over the large group.

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2 years ago
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