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What is the result of two or more firms collaborating on a wrongful act such as price fixing?
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What is an agreement among firms to charge one price for the same good called?
Price fixing
What is an agreement among firms to charge one price for the same good called what?
Price fixing
Would a decrease in input cost to firms in a market will result in a decrease in equilibrium price?
A decrease in input costs to firms in a market will result in
Is price-fixing a type of collusion?
Price fixing can only be collusion if it happens due to all the firms in an oligopoly system come together to decide the price. Price fixing can also be implemented by government (especially in agriculture sector), in which case is not considered a collusion.
A decrease in input costs to firms in a market will result in?
a decrease in equilibrium price and an increase in equilibrium quantity
What is fix day?
It is a day designated at software firms for fixing bugs.
What is an agreement among firms to charge one price for the same good called?
Price fixing
What is an agreement among firms to charge one price for the same good called what?
Price fixing
Would a decrease in input cost to firms in a market will result in a decrease in equilibrium price?
A decrease in input costs to firms in a market will result in
Where can one find information about the concept of wrongful death in American law?
Some sites that would carry information on wrongful death in American law are Nolo and Wikipedia. One can also find information online at sites that are designed by law firms.
Why do firms go into price fixing?
To prevent price instability and fluctuations so that companies don't lose money.
Is price-fixing a type of collusion?
Price fixing can only be collusion if it happens due to all the firms in an oligopoly system come together to decide the price. Price fixing can also be implemented by government (especially in agriculture sector), in which case is not considered a collusion.
The result of two firms combining to form one company is called a?
merger
What term refers to independent firms that agree to eliminate price competition among themselves?
Price fixing is when companies conspire to eliminate price competition among themselves.
A decrease in input costs to firms in a market will result in?
a decrease in equilibrium price and an increase in equilibrium quantity
When firms involved in different steps of manufacturing or marketing merge the result is a?
That's called Vertical Integration.
When was Enron created?
Enron was formed in the late 1980s as a result of a merger between two gas pipeline firms.
