Which of the Following Industrial Characteristics Makes a Collusion Difficult

question 36

Multiple Choice

Which of the following industrial characteristics makes a collusion difficult but leads to competition? 

• A) Existence of few firms in the industry 
• B) Existence of an industry price leader 
• C) Lack of market commonality 
• D) High barriers of entry

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Definitions:

Arousal

A physiological and psychological state of being awake or reactive to stimuli, often involving physiological changes such as increased heart rate and blood pressure.

Complexity

Refers to the state or quality of being intricate or complicated, often used to describe systems, problems, or situations that have multiple interconnected components.

Mindfulness Meditation

A form of meditation focusing on being intensely aware of what you're sensing and feeling in the moment, without interpretation or judgment, using techniques such as breathing.

Progressive Meditation

A meditation technique that involves gradually deepening levels of relaxation or mindfulness, often aiming for an incremental enhancement of mental clarity and emotional calmness.