Ask Question
BusinessBusiness
7 September, 21:52

What are the three practices of oligopolies that concern the government the most?

+3
Answers (2)
  1. 7 September, 23:11
    0
    Answer:Cartels. Colluding. Price fixing.
  2. 8 September, 00:19
    0
    Cartels. Colluding. Price fixing.

    Explanation:

    Cartels are formed when a group of organizations from the same industry combine and decide jointly to keep the prices at higher levels in order to prevent competition Colluding happens when organizations operate either unlawfully or secretly to gain advantage of the customer As the name suggests, price fixing is when competing organization make the products unavailable below a fixed price

    All the above three are keeping the customers at a disadvantage, hence is illegal and concerning to the govt. the most
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “What are the three practices of oligopolies that concern the government the most? ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Is unemployment always bad for an economy?
Answers (1)
Cooley company's stock has a beta of 1.32, the risk-free rate is 4.25%, and the market risk premium is 5.50%. what is the firm's required rate of return?
Answers (1)
In our lecture about Strategic fit, we learned that a company's competitive strategy defines the set of customer needs that it seeks to satisfy through its products and services, and its supply chain strategy determines the nature of procurement and
Answers (1)
Dollar Co. sold merchandise to Pound Co. on account, $25,500, terms 2/15, net 45. The Pound Co. paid the invoice within the discount period. What is the sales amount to be recorded in the above transactions?
Answers (2)
Amram Inc. can issue a 20-year bond with a 6% annual coupon. This bond is not convertible, is not callable, and has no sinking fund.
Answers (2)
New Questions in Business
What explanations have economists offered for why firms don't raise prices when doing so would seem to increase profits? Firms might not raise prices when doing so might increase profits because A.
Answers (1)
Compute ending work in process inventory for a manufacturer with the following information. Raw materials purchased ... $124,800 Direct materials used ... 74,300 Direct labor used ... 55,000 Total factory overhead ...
Answers (1)
Cole has a credit card bill of $3,100. His credit limit is $3,000. Is Cole using credit responsibly or irresponsibly? A. responsibly B. irresponsibly
Answers (1)
In the month of November Marigold Corp. wrote checks in the amount of $43300. In December, checks in the amount of $59239 were written. In November, $39630 of these checks were presented to the bank for payment, and $50932 in December.
Answers (1)
Donald and Charlene are married and do not have any children. They plan to ensure that the other will not be unduly burdened by debts in case one of them dies. Each plans to continue to work after the other one dies.
Answers (1)
Home » Business » What are the three practices of oligopolies that concern the government the most?
Sign Up Forgot Password?