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Retnec Retnec
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6 years ago
Which of the following is clearly an example of collusion?
A) Firm A cuts its price, and firm B matches the price cut.
B) The manager of firm A meets with the manager of firm B to discuss tactics for avoiding competition.
C) Big Bank raises its prime interest rate, and the remaining banks in the city follow its lead.
D) The chief executive of ZWA Airlines makes a speech in which he criticizes his competitors for "destructive price competition."
Textbook 
Introduction to Economic Reasoning

Introduction to Economic Reasoning


Edition: 8th
Author:
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VilaVila
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6 years ago
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Retnec Author
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6 years ago
this is exactly what I needed
Fanmkreyol
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Yesterday
You make an excellent tutor!
rudy.zondo
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2 hours ago
Helped a lot
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