A number of firms agreeing together to restrict output and thereby raise prices is known as

endah87

wrote...

Go to Answer

Posts: 148

Rep:

2 years ago

A number of firms agreeing together to restrict output and thereby raise prices is known as

A number of firms agreeing together to restrict output and thereby raise prices is known as

▸ a barrier to entry.

▸ an oligopoly.

▸ a cartel.

▸ a monopoly.

▸ a natural monopoly.

Textbook

Microeconomics

Edition: 17^th

Author: Ragan

Read 52 times

1 Reply

Report

Replies

Answer verified by a subject expert

zexman911

wrote...

Posts: 125

Rep:

2 years ago

More solutions for this book are available here

Report

Related Topics

endah87 Author

wrote...

2 years ago

Thanks

54321abs

wrote...

Yesterday

Correct

klyn

wrote...

2 hours ago

Thank you, thank you, thank you!

New Topic

Quick Reply

Explore

Post your homework questions and get free online help from our incredible volunteers

1255 People Browsing

136 Signed Up Today

Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook

Live Chat

Related Images

221

228

262

Your Opinion

Previous poll results: Do you believe in global warming?

Bonobos, Chimpanzees, and the 98% DNA Link

Courses by Biology Forums

It's sore throat season, why does my mucus have red spots?

Strange Ingredients Lurking in Doritos Chips

The Toxic Skin and Fungi Defense

Ready to ask a question on Biology Forums? Try it out

Home Search Q & A Board Gallery Resource Library Blog Dictionary Chat	Quick Links Start a Topic Latest Topics Unanswered Questions Courses Study Tools Browse by Textbook	Social Facebook YouTube Community Stats Who's Online Trending Staff	Help About Us Take the Tour Study Tips Posting Guidelines Terms and Policies Contact Us
Biology Forums - Study Force © 2010-2024 \| Powered by SMF \| SMF © 2015, Simple Machines \| Sitemap Biology-Forums.com is not affiliated with any publisher. Book covers, title and author names appear for reference only.