Which of the Following Is a Legal Way to Reduce

question 101

Multiple Choice

Which of the following is a legal way to reduce the price problems oligopolies face?

• A)Collusion
• B)Formation of cartels
• C)Price leadership
• D)Merging to become monopolists

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Definitions:

Predictors

Variables or factors used to forecast or anticipate the outcome of a particular situation or behavior.

Unethical Selection

Practices in hiring that are morally wrong or unfair, such as discrimination based on non-job-related factors.

Personal Relationship

A connection between two or more individuals based on emotional bonds, social associations, or interactions.

Rational Approach

A method or process based on logic, reason, and systematic planning rather than on emotions or impulse.