An agreement among sellers of a commodity to set a common price or share their commodity market?

Related Mcqs:

To charge different prices for the goods of the same standard is called___________________?

A. Prices discrimination B. Prices differentiation C. Oligopoly D. Prices elasticity...

__________________provides an overview of the operation of the capitalist system ?

A. Indifference curve B. Income budget line C. Circular flow model D. Says law...

A simplified picture of economic reality, an abstract generalization ?

A. Economic theory B. Economic principle C. Economic model D. None...

A measure of the real purchasing power of the community ?

A. Aggregate demand B. Total effective demand C. Total expenditure D. All...

Index measuring deprivation in basic human development in a country ?

A. Human deprivation index B. Human poverty index C. Human development index D. None...