Introduction to Economics 1 Deneme Sınavı Sorusu #1131802

An agreement among firms to charge the same price or decide on quantities in cooperation with each other is called:


Competition.

Nash equilibrium.

Competitive outcome.

Collusion.

Dominant strategy.


Yanıt Açıklaması:

Collusion is an agreement among the firms of a market about the prices to charge or output supplied.

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