A ________ is a formal agreement among competing firms. Members may agree on such matters as price fixing, total industry output, market shares, etc.

asked Mar 4, 2022 139k views

4 votes

3.0k points

Please log in or register to add a comment.

0 votes

In history we learned it was a treaty

Christkv answered Mar 6, 2022

3.3k points

2 votes

A formal agreement among competing firms is a Cartel.

Uflex answered Mar 9, 2022

by Uflex

4.0k points

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

3.5m questions

4.5m answers