Collusion is:

A. more likely when the threat of market entry is missing.
B. more likely in perfectly competitive markets.
C. less likely when the threat of market entry is missing.
D. not affected by firm’s ability to enter a market.

A. more likely when the threat of market entry is missing.

Economics

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How does the price of the final good for which labor is used to produce affect the demand for labor?

What will be an ideal response?

Economics

Under the side agreements to the NAFTA,

A) low environmental standards should not be used to attract trade or investment. B) the U.S. sets environmental standards. C) the U.S. enforces environmental standards in the rest of the free trade area. D) environmental standards are not specifically discussed.

Economics