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
podryga [215]
2 years ago
10

How collusion affects consumers and society at large?​

Social Studies
2 answers:
Mila [183]2 years ago
8 0

Explanation: Collusion can lead to: High prices for consumers. This leads to a decline in consumer surplus and allocative inefficiency (Price pushed up above marginal cost) New firms can be discouraged from entering the market by types of collusion which act as a barrier to entry.

Art [367]2 years ago
4 0

Answer:

Collusion can lead to High prices for consumers. This leads to a decline in consumer surplus and allocative inefficiency.

Explanation:

New firms can be discouraged from entering the market by types of collusion which act as a barrier to entry.

Easy profits from collusion can make firms lazy and avoid innovation and efforts to increase productivity.

Industry gets the disadvantages of monopoly (higher price) but none of the advantages (e.g. economies of scale)

MARK ME BRAINLIEST PLEASE ❤️

You might be interested in
What audience would be most interested in reading about the women's movement?
Karolina [17]

The audience that would be most interested in reading about the women’s movement is a white female as turning back to history, men are likely to have more rights than women even the African American men have the ability to vote than the white women by which highlights women’s rights.

4 0
3 years ago
Difference between national and foreign employment​
frozen [14]

Answer:

Foreign employment is working for a company based in another country, and you usually only work in one country. It wouldn’t be your home country in this case. National employment is working in multiple countries, and often your home country is one of them.

Explanation:

6 0
2 years ago
How did Greece fall under Roman rule
ohaa [14]
They most have lost a battle
8 0
2 years ago
What does it means when gilamesh says a name i will establish?
Scilla [17]

Answer:

This was the name of a Sumerian hero who was involved in several adventures with his friend Enkidu. Gilgamesh was probably based on a real person – a king of Erech who ruled around 2700 BC. Statistics Of The Name Gilgamesh

Explanation:

4 0
3 years ago
What was the last state to abolish slavery?
Aliun [14]
The last state to abolish slavery is Mississippi
3 0
3 years ago
Other questions:
  • Linda wants to purchase a homeowners policy. She has some valuable personal property to which internal policy limits apply. Her
    10·1 answer
  • When a teacher uses cooperative learning, it is best for him/her to give instructions to the whole class before moving them into
    10·1 answer
  • Philip argues that the medical system's main goal is to make profits and not to benefit people who need help. He says that medic
    6·1 answer
  • [QUICK PLEASE]
    5·1 answer
  • Which formation as a result of wind erosion
    5·2 answers
  • Despite scientific evidence to the contrary, Harry believes that drinking dandelion tea would improve his long-term memory becau
    9·1 answer
  • Classical Conditioning and problematic behavior ​
    5·1 answer
  • Henry works the night shift at a convenience store. He sees a man entering the store with his hood up, hands in his pockets, and
    10·1 answer
  • Compare and Contrast Life In Low and High Elevations
    7·1 answer
  • Which of these situations best illustrates market equilibrium?
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!