The agreement made between the firms to make price and output decisions is said to be a)

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The agreement made between the firms to make price and output decisions is said to be

a) A cartel.

b) Price leadership.

c) An oligopoly.

d) A concentrated industry.

Related Book For answer-question

Thermodynamics for Engineers

ISBN: ?978-1133112860

1st edition

Authors: Kenneth A. Kroos, Merle C. Potter

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Posted Date: Nov 22, 2019 11:10 AM

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The agreement made between the firms to make price and output decisions is said to be a)

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Thermodynamics for Engineers

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