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The difference between the total profit change and the profit-linked productivity change is called:
Nash Equilibrium
Nash Equilibrium is a concept in game theory where each player's strategy is optimal given the strategies of all other players, leading to a situation where no player can benefit by changing strategies unilaterally.
Profit-Maximizing
A strategy or process by which a firm adjusts its production and pricing to achieve the highest profit possible.
Collude
To come to a secret understanding for a harmful purpose; often refers to competitors agreeing on prices or market shares to gain an advantage.
Annual Fixed Cost
Regular expenses incurred by a business or individual that do not vary with production level or output within a year.
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