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A form of implicit collusion where one firm in an oligopoly announces a price change which is matched by other firms in the same industry
A form of implicit collusion where one firm in an oligopoly announces a price change which is matched by other firms in the same industry is Group of answer choices price matching (or price leadership) "follow-the-leader" pricing retaliation pricing "wait-and-watch" pricing
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Macroeconomics Principles and Applications
Authors: Robert e. hall, marc Lieberman
5th edition
1111397465, 9781439038970, 1439038988, 978-1111397463, 143903897X, 9781439038987, 978-1133265238
