Ask Question
29 November, 15:39

When two or more firms set prices or quantities in unison, economists refer to them as a:?

+5
Answers (1)
  1. 29 November, 15:48
    0
    Based on the description above, they are being referred to as a cartel. A cartel is being defined or referred to a group of people who acts as an independent producers in which they have the job or achievement to increase profits with the use of different strategies.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “When two or more firms set prices or quantities in unison, economists refer to them as a:? ...” 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