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The Doctrine of Conscious Parallelism Provides That,even If There Is

question 61

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The doctrine of conscious parallelism provides that,even if there is no concerted action,a violation of the Sherman Act occurs if two or more firms decide not to deal with a retailer.


Definitions:

1790s

Referring to the decade of the 1790s, which was the final decade of the 18th century, marked by significant historical events and the early years of the United States.

1870

marks the year significant for several historical events, such as the completion of the Fifteenth Amendment in the United States, granting African American men the right to vote.

Demographic Variables

Characteristics of populations used in social science and statistics, such as age, gender, income level, and educational attainment, to study changes and trends.

Correlated

When two or more variables have a mutual relationship or connection, where changes in one tend to be associated with changes in the other.

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