Asked by Erick

Why might price collusion occur in oligopolistic industries? Assess the economic desirability of collusive pricing. What the main obstacles to collusion? Speculate as to why price leadership is legal in the United States, whereas price fixing is not.
Answered by Ms. Sue
How would you like us to help you with this assignment?

Answered by Erick
Can you assist me in answering this question if possible
Answered by Ms. Sue
Of course, I'll assist you.

What do you know so far about these questions and their answers?

What don't you understand?

Answered by Erick
I do not understand much that's why I have come this site
Answered by Ms. Sue
The first step is to understand the vocabulary.

What are

oligopolistic industries?

price collusion?

Answered by Erika
When talking about money, uniformity means:
There are no AI answers yet. The ability to request AI answers is coming soon!