A. Firms compete against each other
B. Price wars are common
C. Firms use price to win market share from competitors
D. Firms collude
Correct Answer: Firms collude ✔
Last Updated: June 18, 2019
A. Firms compete against each other
B. Price wars are common
C. Firms use price to win market share from competitors
D. Firms collude
Correct Answer: Firms collude ✔
Last Updated: June 18, 2019