Conscious Parallelism Is Seen When ________

question 55

Multiple Choice

Conscious parallelism is seen when ________.

• A) parties at different levels enter into an agreement to adhere to a price schedule that stabilizes prices
• B) one party makes an independent choice not to deal with another
• C) two or more firms act the same but no concerted action is shown
• D) a party's anticompetitive effects outweigh their procompetitive effects

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Definitions:

Ask Price

The lowest price a seller is willing to accept for an asset in a financial market.

Bid Price

The price at which a buyer is willing to purchase a security or commodity.

Treasury Bonds

Long-term government debt securities with a fixed interest rate and maturity of more than ten years, issued by the U.S. Treasury.

Dow Jones Industrial Average (DJIA)

An index in the stock market tracking the performance of 30 major companies traded on U.S. stock exchanges.