The chief marketing officer of one company in an oligarchic industry runs into a sorority sister who now works as chief executive officer for a competitor. They get together for drinks and decide that it is silly to compete. If they divide up the market, both firms can make more moneyand no one else has to know.

This is an example of:

Group of answer choices

A. Cournot assumption.

B. a cartel.

C. collusion.