Tacit Collusion Is More Likely to Be Successful If There

question 47

Multiple Choice

Tacit collusion is more likely to be successful if there ________ firms in an industry.

• A)are a large number of
• B)is a small number of
• C)are unequally sized
• D)are successful

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Definitions:

Internal Consistency Reliability

A measure of how well the items on a test measure the same concept or construct, often assessed by Cronbach's alpha.

Parallel Forms Reliability

The consistency of the results of two tests constructed in the same way from the same content domain.

Internal Validity

The extent to which a study establishes a trustworthy cause-and-effect relationship between a treatment and an outcome.

Observed Score

The score actually obtained by an individual on a test or measurement.