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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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