(Figure: Aggregate Demand Shift) Which of These May Be

question 279

Multiple Choice

(Figure: Aggregate Demand Shift) Which of these may be an explanation for the shift in aggregate demand from A to B?

• A) Prices fall and increase real wealth.
• B) Consumer confidence declines and consumption spending falls.
• C) Goods and services become less competitive and exports fall.
• D) Interest rates fall and boost investments.

Identify conditions under which tacit collusion is difficult to achieve or maintain in markets.

Recognize the role of international cartels, particularly OPEC, in affecting global markets.

Explain the tit-for-tat strategy and its implication for sustaining cooperation or competition among firms.

Assess factors that limit the effectiveness of tacit collusion in industries.

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Definitions:

Outsourcing

The practice of hiring third-party vendors to perform tasks, handle operations or provide services that are either difficult to manage or outside the core business competency.

Morale

The level of confidence, enthusiasm, and discipline of a person or group at a particular time, especially in a workplace context.

Productivity

This is the measure of efficiency in which goods and services are produced, often evaluated in terms of output per time invested.

Top Management

The highest level of management in an organization, including positions such as CEO, CFO, and other senior executives.