One Would Expect That Collusion Among Oligopolistic Producers Would Be

question 114

Multiple Choice

One would expect that collusion among oligopolistic producers would be easiest to achieve in which of the following cases?

• A) a rather large number of firms producing a differentiated product
• B) a very small number of firms producing a differentiated product
• C) a rather large number of firms producing a homogeneous product
• D) a very small number of firms producing a homogeneous product

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Definitions:

σ Bond

The strongest type of covalent chemical bond formed by the head-on overlapping of atomic orbitals.

Allene

Organic compounds characterized by a cumulated diene system with two carbon-carbon double bonds.

Correct Hybridization

The mixing of atomic orbitals to form new hybrid orbitals, explaining the geometry of molecular bonding.

Atom

An atom is the smallest unit of matter that retains the identity of a chemical element, consisting of a nucleus surrounded by electrons.