andrahgogancioW andrahgogancioW

02-10-2016
Business

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when companies get together to fix prices, the result is __________. a. a consortium of suppliers b. an oligopoly c. a monopoly d. none of the above

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taskmasters taskmasters

11-10-2016

I think the correct answer from the choices listed above is option A. When companies get together to fix prices, the result is a consortium. A consortium is an association of two or more individuals, companies, organizations or governments with the objective of participating in a common activity.

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