The two companies made a tacit _____ to control price in the market.
A: exhilaration
B: integrity
C: collusion
D: submission
A: exhilaration
B: integrity
C: collusion
D: submission
举一反三
- Assume a market is perfectly competitive. When a new producer enters the market, the A: price in the market increases. B: price in the market decreases. C: price in the market does not change. D: market is no longer a competitive market.
- The economy’s two most important financial markets are A: the investment market and the saving market. B: the bond market and the stock market. C: banks and the stock market. D: financial markets and financial institutions.
- Tacit collusion results when different firms set identical prices without ever meeting to discuss prices because of a “meeting of the minds,” whereby competitors realize that it is in all their best interests to avoid price competition.
- When an oligarch alone chooses the level of production that maximizes profits. It Charges A: The price charged by a monopoly is greater than the price charged by a competitive market B: A price less than that charged by a monopoly and greater than that charged by a competitive market C: The price charged in a monopoly or competitive market D: Less than the price charged in a monopoly or competitive market.
- The price formed in the commodity exchange is（ ） A: “Free market” price B: “Closed market” price C: International market price D: Semi-closed market price