Question

What is the term that describes a group of firms cooperating with each other in order to avoid competition?

competition
collusion
communication
combination

Answer 1

@ganeshie8 @ShadowLegendX @Reaper534
can anybody help me?

Answer 2

collusion

Answer 3

Thanks c: could you help me with anymore questions?

Answer 4

Yeah sure

Answer 5

History and experience have shown that economies become most efficient at converting resources into desired products when there is __________.
government market regulation
strong armies
competition
democratic governments

Answer 6

Competition

Answer 7

Thank you, if I need any more help, i'll be sure to tag you :p

Answer 8

OK