7. Which of the following conditions will tend to induce collusion among sellers in a market? a....

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7. Which of the following conditions will tend to induce collusion among sellers in a market?

a. The transactions are publicly announced.

b. There are few sellers.

c. Some sellers have lower costs than other sellers.

d. The market is open for only one year.

e. The sellers cannot meet one another.

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Principles Of Microeconomics

ISBN: 9784492370292

6th Edition

Authors: John B. Taylor, Akila Weerapana

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