Collusion

question 34

Multiple Choice

Collusion

• A) is exactly the same thing as competition.
• B) involves cooperative actions by sellers at the expense of buyers.
• C) requires competitive actions by sellers to win customers from rival firms.
• D) can only be achieved in price-taker markets.

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Definitions:

Proglottid

One of the segments that make up the body of a tapeworm, each capable of producing eggs and developing into a new organism.

Flame Cells

Specialized excretory cells found in some flatworms, functioning in the removal of waste products from the body.

Flatworms

A group of invertebrates within the phylum Platyhelminthes, known for their flat bodies, and include species such as tapeworms and liver flukes.

Excretion

Elimination of metabolic wastes by an organism at exchange boundaries such as the plasma membrane of unicellular organisms and excretory tubules of multicellular animals.