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Unwritten or unspoken understandings through which firms collude to restrict competition are called: A. cartelization. B. oligopolization. C. overt collusion. D. tacit collusion.
Unwritten or unspoken understandings through which firms collude to restrict competition are called: tacit collusion.
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Asked 6/18/2013 10:43:55 PM
Updated 314 days ago|5/11/2018 12:59:53 PM
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Unflagged by jeifunk [5/11/2018 12:59:49 PM], Edited by jeifunk [5/11/2018 12:59:53 PM]
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Unwritten or unspoken understandings through which firms collude to restrict competition are called: tacit collusion.
Added 315 days ago|5/10/2018 12:55:33 PM
This answer has been confirmed as correct and helpful.
Confirmed by Masamune [5/10/2018 7:04:20 PM], Masamune [5/10/2018 7:04:20 PM]
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An industry dominated by a few firms, where each of those firms recognizes that its own choices will affect the choices of its rivals and that its rivals' choices will affect it, is a(n): A. monopoly. B. oligopoly. C. monopolistic competition. D. perfect competition.
Weegy: An industry dominated by a few firms, where each of those firms recognizes that its own choices will affect the choices of its rivals and that its rivals' choices will affect it, is an oligopoly. (More)
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Updated 120 days ago|11/21/2018 8:01:25 AM
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