____ Is/are Actions by Oligopolistic Firms That Can Contribute to Cooperation

question 145

Multiple Choice

____ is/are actions by oligopolistic firms that can contribute to cooperation and collusion even though the firms do not formally agree to cooperate.

• A) The most-favored customer classification
• B) Markup pricing
• C) Facilitating practices
• D) Tying contracts
• E) Convention

---

Definitions:

Johnson Act

A U.S. law enacted in 1934, limiting the ability of individuals and entities within the United States to loan money or extend credit to nations in default on their debts to U.S. citizens.

Foreign Governments

The governing bodies or administrative authorities of countries other than one's own, involved in international relations and diplomacy.

American Banks

Financial institutions located in the United States, providing services such as savings accounts, loans, and financial transactions.

Economic Downturn

A period of declining economic performance across industries and markets, often characterized by reduced consumer spending and business investment.