In Tacit Collusion,there Is No Direct Communication Among Competing Firms

question 83

True/False

In tacit collusion,there is no direct communication among competing firms.

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Definitions:

Conditioning

A behavioral process whereby a response becomes more frequent or predictable in a given environment due to reinforcement.

Twin Studies

A research method in which researchers assess hereditary influence by comparing the resemblance of identical twins and fraternal twins on a trait.

Hereditary Influences

The impact of genetic factors inherited from parents on an individual's traits, behavior, and health.

Identical Twins

Twins that develop from a single fertilized egg that splits and forms two embryos, sharing 100% of their DNA.