Examlex
What set of reaction conditions would favor an SN1 reaction on 2-bromo-3-methylbutane?
Collusion Methods
Strategies used by firms to set prices or output levels by agreement rather than through competition, often to maximize profits illegally or unethically.
Cartels
Coalitions of independent businesses formed to regulate production, pricing, and marketing of goods to maximize collective profits.
Price Leadership
A market situation where one or more dominant firms set the price of goods or services, and other firms in the industry follow suit.
Kinked-Demand Curve Model
An economic theory suggesting that prices become rigid or sticky due to competing firms' responses to price changes.
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