andrahgogancioW
andrahgogancioW andrahgogancioW
  • 02-10-2016
  • Business
contestada

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 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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