Examlex
Which of the following is FALSE with respect to the coding of open-ended questions?
Cartels
An agreement among competing firms to control prices or exclude entry of a new competitor in a market, often to maximize profits collectively.
Secret Price Concessions
Secret price concessions involve undisclosed discounts or benefits offered by a seller to a buyer, often to secure a deal or foster loyalty without publicly affecting the listed price.
Business-Cycle Stability
The condition of an economy experiencing minimal fluctuations in growth, unemployment, and inflation, resulting in a stable economic environment.
Participating Firms
Companies that engage in a particular market or economic activity, contributing to the production, distribution, or provision of goods and services.
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