Which of the Following Is NOT an Industry Attribute That

question 31

Multiple Choice

Which of the following is NOT an industry attribute that facilitates the development and maintenance of tacit collusion?

• A)Small number of firms
• B)Product homogeneity
• C)Cost homogeneity
• D)Exit barriers

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Definitions:

Circadian Rhythms

Biological processes that display an endogenous, entrainable oscillation of about 24 hours.

Earth's Rotation

The spinning of the Earth on its axis, which takes approximately 24 hours to complete, resulting in day and night.

Organisms

Any living biological entities, such as plants, animals, fungi, or microorganisms.

Internal Desynchronization

A state in which biological rhythms are not in phase with one another.