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Explain the role of ergonomics in job design.
Bid-Rigging
A form of fraud where competing parties conspire to determine the winner of a bidding process, undermining the competitiveness of the process.
Collusive Agreement
An arrangement where businesses conspire to fix prices, limit supplies, or divide markets, often to restrict competition.
Auxiliary Mechanism
A support system or process that assists or complements the main system in achieving its objectives.
Second-Price Auction
An auction format in which the winner pays the price offered by the second-highest bidder instead of their own highest bid.
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