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More cards in this set
Card 6
Front
What do concentration ratios indicate?
Back
Card 7
Front
When does collusion occur?
Back
Card 8
Front
What does collusion reduce within firms?
Back
Card 9
Front
What is a cartel?
Back
Card 10
Front
What is an advantage to collusive agreements?
Back
Card 11
Front
What is tacit collusion?
Back
Card 12
Front
What is overt collusion?
Back
Card 13
Front
What is the kinked demand curve?
Back
Card 14
Front
How are demand curves perceived with a change in price?
Back
Card 15
Front
What happens if a firm raises its prices and competitors do not follow?
Back
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