Tacit collusion is relatively easy for oligopolists if:
A)they are producing many different products.
B)there are only a few firms in the industry.
C)they are selling their product to only a few large buyers.
D)barriers to entry into the industry are low.

Question

Quizplus · Accepted Answer

Tacit collusion is easier to achieve in an oligopoly where there are only a few firms in the industry. The fewer firms there are, the easier it is for them to coordinate their actions without explicitly communicating with each other.

Tacit Collusion Is Relatively Easy for Oligopolists If