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Other Fields Homework Help Economics Topic started by: D-john on Jul 22, 2019



Title: Relative to explicit price fixing, with implicit price fixing:
Post by: D-john on Jul 22, 2019
Relative to explicit price fixing, with implicit price fixing:

▸ consumers will pay higher prices.

▸ firms will find it more difficult to figure out why the price leader has set the price that it has.

▸ the reasons for the price leader's pricing strategy will be more clear and less ambiguous.

▸ firms face a higher risk of prosecution for antitrust violations.


Title: Relative to explicit price fixing, with implicit price fixing:
Post by: sadeen on Jul 22, 2019
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Title: Relative to explicit price fixing, with implicit price fixing:
Post by: D-john on Jul 22, 2019
Appreciate the effort, thank you!