Collusive arrangements tend to collapse when
a. there is a small number of sellers
b. the benefits of cheating are great and the costs are low
c. inflation is high
d. interest rates are low
e. there is a powerful price leader
B
Economics
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The U.S. market for interbank borrowing and lending is called the:
a. Federal funds markets. b. Secondary market. c. Money market. d. Real Goods Market. e. Primary market.
Economics
The Laffer curve belongs to which of the following schools of economic thought?
a. Keynesian b. Supply-side c. Classical d. Demand management
Economics