Tacit collusion is more likely to occur in the commercial airline market than the fast food market.

Name: Tacit collusion is more likely to occur in the commercial airline market than the fast food market.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Tacit collusion is more likely to occur in industries with high barriers to entry, a small number of firms, and homogeneous products. The commercial airline market fits these criteria more closely than the fast food market, making tacit collusion more likely.

Tacit Collusion Is More Likely to Occur in the Commercial