Examlex
____ may avoid dealing with unwanted or unpleasant tasks by using distraction, daydreaming, wishful thinking, or other methods to kill time so that there is insufficient time left to work on the avoided task.
Cartel
A group of producers that agree to control prices and output levels to maximize collective profits, often at the expense of competition.
Industry Profits
The total earnings of companies within a particular sector, after subtracting the costs of production and operation.
Output
The total amount of goods or services produced by a firm or an economy.
Overt Collusion
Overt collusion occurs when companies openly agree on prices, production levels, or market shares, in violation of free-market principles and often against the law.
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