Tacit collusion occurs in industries that
a. are monopolistically competitive
b. contain price leaders
c. experience rapid technological change
d. are regulated
e. produce very differentiated products
B
Economics
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Household heads who typically work full-time year round have a 1 in 30 chance of being poor
Indicate whether the statement is true or false
Economics
Based on wage setting behavior, we know that a reduction in the unemployment rate will cause
A) no change in the real wage. B) a reduction in the real wage. C) an increase in the real wage. D) an upward shift of the WS curve.
Economics