Any Actions a Firm Takes That Have the Effect of Reducing

question 89

Multiple Choice

Any actions a firm takes that have the effect of reducing the level of rivalry in an industry that also do not require firms in an industry to directly communicate or negotiate with each other can be thought of as

• A) tacit cooperation.
• B) tacit collusion.
• C) explicit collusion.
• D) competitive parity.

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Definitions:

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