How much is induced consumption?

Wister and Narsum produce household appliances. Which of the following actions could be considered collusive?

a. Wister sets a price that maximizes its profits. b. Narsum becomes the price leader in the industry by increasing output. c. Wister has a strategy to react to any pricing changes made by Narsum. d. Narsum agrees to divide mutual profits with Wister.

Suppose that Jack promises that if Jill chooses the high price, he will too. Jill has no incentive to cheat on the agreement.

Answer the following statement true (T) or false (F)