When a firm colludes with other firms to control prices, it is engaging in
A. competitive favoritism.
B. industry tightening.
C. regressive pricing.
D. monopolistic competition.
E. price fixing.
Answer: E
You might also like to view...
One objective of preventive law is to arrange business plans and methods to increase profits by ________.
A. prioritizing the interests of corporate stockholders over the interests of other stakeholders B. reaching business goals through enforceable contracts while avoiding government prohibitions C. honoring legal obligations while avoiding ethical obligations D. strictly adhering to the socioeconomic view of the social responsibility of business
Ethan noticed that different cultural groups seem to systematically choose the extreme points or the middle points on the rating scales in his research. Ethan is noticing ______ bias.
A. method equivalence B. extremity C. sampling D. quantitative method
The supply chain profit is higher if each stage of the supply chain independently makes its pricing decisions with the objective of maximizing its own profit
Indicate whether the statement is true or false.
____ outcomes are objects or events that follow from the worker’s own efforts, not requiring the involvement of any other person.
a. Intrinsic b. Objective c. Extrinsic d. Job design