________ Collusion Exists When Firms Cooperate in Reducing Competition,but Engage

question 81

Multiple Choice

________ collusion exists when firms cooperate in reducing competition,but engage in no face to face negotiations to do so.

• A)Explicit
• B)Strategic
• C)Intra-industry
• D)Tacit

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Definitions:

Inclusive Taxon

A classification grouping that includes all the descendant species of a common ancestor.

Domain

In biology, it refers to the highest taxonomic rank in the classification of organisms, above kingdom; in other contexts, it can denote a realm of expertise, activity, or knowledge.

Kingdom

A large taxonomic category that classifies life forms, ranking above a phylum and below a domain.

Nuclei

Plural form of nucleus, referring to the membrane-bound organelles found in eukaryotic cells that contain the genetic material.