Examlex
Find the height to the nearest foot of a tree that makes a 50-foot shadow when a 2 ft. 6 in. pole is used to make a shadow of 3 feet.
Tacit Collusion
An unspoken, unofficial agreement between competitors to avoid certain competitive behaviors, such as price wars, without explicit communication.
Quantity-fixing Agreements
Arrangements among competitors to limit the amount of goods or services produced or supplied, in order to influence market prices or conditions.
Explicitly Colludes
A situation where companies or individuals openly agree to work together, often illegally, to manipulate prices or markets.
Price-and-quantity-fixing
Practices by which firms set the price and output levels to control market conditions, often regarded as anti-competitive.
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