Ask Question
11 July, 08:30

In the framework of an oligopoly, what strategy can work like a silent form of cooperation? legally enforceable agreements always match other cartel firms' price cuts, but don't match price increases immediately match price increases always match other cartel firms' price increases, but don't match price cuts

+5
Answers (1)
  1. 11 July, 09:00
    0
    In the framework of an oligopoly, what strategy can work like a silent form of cooperation? Always match other cartel firms' price cuts, but don't match price increases. An oligopoly is where there is limited competition and the market is shared by a limited amount of producers and sellers. Because there is a limited amount, people are already in a higher likelihood to purchase the items.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “In the framework of an oligopoly, what strategy can work like a silent form of cooperation? legally enforceable agreements always match ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers