0
What is an agreement among firms to divide the market or set prices or limit production called?
Updated: 4/28/2022
Wiki User
∙ 11y agoBest Answer
collusion
Wiki User
∙ 11y agoThis answer is:
Add your answer:
Earn +20 ptsQ: What is an agreement among firms to divide the market or set prices or limit production called?
Write your answer...
Submit
Still have questions?
Continue Learning about Economics
What is the agreement between the producer and consumer on a price called?
market
When the customer demand is equal to the seller production what is this called?
Market equilibrium
The economic system in witch consumers control prices and production through supply and demand is called a?
free market economy
What is the production of agricultural products destined primarily for direct consumption by the producer rather than for market called?
Subsistence Agriculture
Economic system in which individuals control the factors and means of production is called?
Free Enterprise
Related questions
What is the agreement between the producer and consumer on a price called?
market
The agreement between the producer and consumer on the price is called the?
Market
What is the agreement between the producer and cunsumer ona price called?
market
Why to divide the market into segments?
Why to divide the market into segments?
When the customer demand is equal to the seller production what is this called?
Market equilibrium
Why do marketers divide the whole market into sub groups?
Why to divide the market into segments?
What does it mean to divide the total market into homogeneous groups?
Why marketers divide whole market into different sub-group?
What is a series of competitive price cuts that lower the market price below the cost of production called?
A price war.
What is the series of competitive price cuts that lowers the market price below the cost of production called?
A price war.
The economic system in witch consumers control prices and production through supply and demand is called a?
free market economy
Economic system in which individuals control the factors and means of production is called?
Free Enterprise
What is the production of agricultural products destined primarily for direct consumption by the producer rather than for market called?
Subsistence Agriculture
Copyright ©2024 Infospace Holdings LLC, A System1 Company. All Rights Reserved. The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Answers.