Asked by Courtney Jennell on Apr 27, 2024
Verified
The act of keeping prices artificially high is referred to as ______.
A) monopoly
B) collusion
C) zoning
D) antitrust
Artificially High
Artificially high describes a situation where prices or values are inflated beyond their natural market level due to external factors, such as manipulation or scarce supply.
Collusion
A secret or illegal cooperation or conspiracy, especially between parties supposed to compete against each other.
- Recognize the barriers that small enterprises face in dealing with financial burdens, legislative constraints, and challenges in labor management.
Verified Answer
AW
Anascensia WarrenApr 30, 2024
Final Answer :
B
Explanation :
Collusion refers to an agreement, often illegal, between two or more parties to limit competition and keep prices at a high level.
Learning Objectives
- Recognize the barriers that small enterprises face in dealing with financial burdens, legislative constraints, and challenges in labor management.
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