According to Barney,under Which Condition Would Tacit Collusion Most Likely

question 78

Multiple Choice

According to Barney,under which condition would tacit collusion most likely be successful?

• A) There is a large number of identifiable competitors.
• B) Costs vary among firms.
• C) One firm tends to act as the price leader.
• D) Sales are characterized by a low frequency of large orders.
• E) There are low barriers to entry in the industry.

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Definitions:

Motivated

Having a strong reason to act or accomplish something, being driven towards a goal or objective.

Satisfied Need

A requirement or necessity that has been adequately fulfilled, leading to a sense of contentment.

Individual

Refers to a single person or entity, distinguished from a group or collective.

Person's Motives

The underlying reasons or intentions that drive an individual's actions or decisions.