When competitors reach an agreement with one another about the quantities they will produce in order to keep profits high,they have engaged in:
A) price fixing.
B) quantity fixing.
C) profit fixing.
D) tacit collusion.

Question

Quizplus · Accepted Answer

The Answer of When competitors reach an agreement with one another about the quantities they will produce in order to keep profits high,they have engaged in:
A) price fixing.
B) quantity fixing.
C) profit fixing.
D) tacit collusion.

When Competitors Reach an Agreement with One Another About the Quantities