Will the price charged by the noncolluder be affected

Reference no: EM132208394

Question: Suppose that there are six firms in an industry and five of them have agreed to fix prices.

a) Use the dominant firm model to graphically show how the colluders will behave if the sixth firm will not participate and instead acts competitively.

b) Will the price charged by the noncolluder be affected by the conspiracy? Why?

c) How could the noncolluder prove that it did not participate in the conspiracy?

Reference no: EM132208394

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