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Assume that personality researchers have isolated a new trait they call "nescience." If these researchers report that sets of identical twins reared together and apart show the same correspondence for this particular trait, it would indicate that
Collusion
A non-competitive secret or illegal agreement between rivals that attempts to disrupt the market's equilibrium by influencing the market mechanism such as price or output of goods and services.
Economic Recession
A period of significant decline in total output, income, employment, and trade in an economy, usually lasting from six months to a year.
Gentlemen's Agreements
Informal, non-binding agreements based on trust, honor, and the integrity of the parties, without any written documentation.
Cartel
An agreement among competing firms to control prices or limit production in a sector, often to maximize profits at the expense of consumers.
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