Instead of communicating directly,________ colluding firms send and interpret signals of intent to co-operate (or intent not to co-operate)sent by potential collusion partners.
A)tacitly
B)explicitly
C)strategically
D)operationally

Question

Quizplus · Accepted Answer

Tacit collusion involves firms sending and interpreting signals of intent to cooperate, rather than communicating directly. This allows firms to coordinate their actions without explicitly agreeing to do so.

Instead of Communicating Directly,________ Colluding Firms Send and Interpret Signals