Which of the following factors is not involved in determining whether an industry is conducive for collusion?
A)Concentration ratio.
B)Homogeneity of products.
C) Game theory.
D) Entry barriers.

Question

Which of the following factors is not involved in determining whether an industry is conducive for collusion?
A)​Concentration ratio.
B)​Homogeneity of products.
C) ​Game theory.
D) ​Entry barriers.

Quizplus · Accepted Answer

Game theory is not a factor that determines whether an industry is conducive for collusion. The other three, concentration ratio, homogeneity of products, and entry barriers, are key factors that determine how easy or difficult it is for firms in an industry to collude.

Which of the Following Factors Is Not Involved in Determining