Mutual forbearance is a type of _____.
A) cross-market retaliation
B) multimarket competition
C) explicit collusion
D) tacit collusion

Name: Mutual forbearance is a type of _____. A) cross-market retaliation B) multimarket competition C) explicit collusion D) tacit collusion
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Question

Mutual forbearance is a type of _____.
A) cross-market retaliation 
B) multimarket competition 
C) explicit collusion 
D) tacit collusion

Quizplus · Accepted Answer

Mutual forbearance refers to a situation in which firms in an industry refrain from price competition, often through tacit collusion rather than explicit collusion.

Mutual Forbearance Is a Type of _____