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Explain the differences between horizontal and vertical price fixing..
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∙ 14y ago
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Is price-fixing a type of collusion?
Price fixing can only be collusion if it happens due to all the firms in an oligopoly system come together to decide the price. Price fixing can also be implemented by government (especially in agriculture sector), in which case is not considered a collusion.
What is the difference between horizontal curve and vertical curve vertical curve?
Horizontal curve is a curve viewed in the x and y plane, while a vertical curve is viewed in the y plane only, or viewed from the side. Think of it like a cake. the top is the horizontal and the front is the vertical
A demand curve which is parallel to the vertical axis is?
When the demand curve is horizontal to the x axis, it is said to be elastic and therefore more responsive to changes in price. When the demand curve is vertical, it is more inelastic and consumers will be more apt to purchase a good regardless of the price.
What did cartels monopolies and trusts as well as horizontal and vertical integration all share a goal of?
cartels, monopolies, trust, and horizontal and vertical integration all share the goal of
Why demand curve downward slopping?
The demand curve is plotted with quantity on the horizontal axis and price on the vertical. As the price of a good increases, people will want/be able to purchase less of it. If the price decreases, the quantity people will buy more.
Is price-fixing a type of collusion?
Price fixing can only be collusion if it happens due to all the firms in an oligopoly system come together to decide the price. Price fixing can also be implemented by government (especially in agriculture sector), in which case is not considered a collusion.
What does the demand curve state?
As price (on the horizontal) increases, demand (on the vertical) will decrease.
What is vertical and what is horizontal?
Vertical is up and horizontal is across
Is the san Andreas fault horizontal or vertical?
Vertical and horizontal
What type of power sharing does India have horizontal or vertical?
vertical and horizontal
Is horizontal up down?
No. Up-down is vertical. Horizontal is perpendicular to vertical.
What is the difference between horizontal and vertical motion?
Our jumping is a vertical motion, while walking is a horizontal motion. Exercises are done by both horizontal and vertical motion.
Is the y-axis vertical or horizontal?
The y axis is vertical and the x axis is horizontal.
What is horizontal and vertical strategy?
vertical distribution and horizontal distribution strategy Spell check your answer
What is the difference between a vertical and a horizontal timelines?
what is the difference between vertical and horizontal timeline
What are horizontal motion and vertical motion?
horizontal is side to side vertical is up and down
What is Nevada's horizontal width and vertical length?
Nevada's horizontal width and vertical length is ...
