When a Group of Firms Acts in Unison to Maximize

question 133

Short Answer

When a group of firms acts in unison to maximize profits as if they were a monopoly, they form a __________.

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Definitions:

Hymenectomy

A surgical procedure involving the removal of the hymen, which might be necessary for various medical reasons, such as imperforate hymen.

Hysteroplasty

A surgical procedure on the uterus, which can include repair or reconstruction.

Salpingectomy

A surgical procedure involving the removal of one or both of a woman's fallopian tubes.

Salpingotomy

A surgical incision into a fallopian tube, often to remove an ectopic pregnancy.