jaziqs5ha2dFernandra jaziqs5ha2dFernandra

05-08-2016
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What is the term that describes a group of firms cooperating with each other in order to avoid competition?

competition
collusion
communication
combination

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oopsydaisy oopsydaisy

06-08-2016

The term that best describes a group of firms cooperating with each other to avoid competition is collusion. The correct answer is B.

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