Define and Explain the Role of Tacit and Overt Collusion

question 133

Essay

Define and explain the role of tacit and overt collusion in the operation of a cartel.

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Definitions:

Muscle Contraction

The process in which muscle fibers shorten or lengthen, producing movement or maintaining posture.

Neurotransmitter

Chemicals in the nervous system that transmit signals across a chemical synapse from one neuron (nerve cell) to another 'target' neuron.

Action Potential

A rapid and temporary electrical charge that travels along a neuron, allowing for the transmission of signals within the nervous system.

Dopamine

A neurotransmitter involved in controlling the brain's reward and pleasure centers, movement, and emotional responses.