MsBodie3136 MsBodie3136
  • 10-12-2017
  • Business
contestada

When two or more firms set prices or quantities in unison, economists refer to them as a:?

Respuesta :

SeoJoon15
SeoJoon15 SeoJoon15
  • 20-12-2017

Based on the description above, they are being referred to as a cartel. A cartel is being defined or referred to a group of people who acts as an independent producers in which they have the job or achievement to increase profits with the use of different strategies.

Answer Link

Otras preguntas

What is the main difference between media and moving image
Whoever answers this I LOVE YOU 15 points plz Also dont just put 1 answer LOV U
The federal art project set a precedent for (1 point)increased government support of radicals. federal funding of the arts and artists. free theater performance
Whitney has a total of 30 cupcakes for her guests. the function rule, 30 ÷ x where x is the number of guests, can be used to find the number of cupcakes per gue
Which equation represents how many green Skittles there are? Question 2 options: g = 38 - y g = 38 + y g = y - 38 g = 38y
What tool do you use to secure remote access by users who utilize the internet??
A tragedy is a Greek play in which hero loses to the gods
What is Wiesel arguing in his Nobel Prize acceptance speech? A. That the struggle for freedom comes at a high cost B. That the survivors of the Holocaust should
What is 0.0825 as a precent and as a fraction?
2. Saturn has a radius of about 9.0 earth radii, and a mass 95 times the Earth’s mass. Estimate the gravitational field on the surface of Saturn compared to tha