Economics Question Assistance? - worldwide assistance
In his testimony in a dispute with the pricing of Cargill Inc. and the market for growth hormone, chicken (in which Cargill is one) of only three companies all over the world, said a leading provider of Perdue, "it an oligopoly. If you (the Company) price changes, and they are all usually in a few minutes. "
Why is it that in an oligopoly with very few companies which each sell undifferentiated products, such as growth, change chicken prices of all firms in the same time, even if n "There is no explicit price fixing?
Friday, January 22, 2010
Worldwide Assistance Economics Question Assistance?
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1 comments:
Antitrust.
If you sell "on the market," you can expect to not be prosecuted for these grooves "price".
If you "sell below market value, you can expect that sued for" predatory pricing will be. "
Since these children have discovered is futile. If you sell "market", you can expect to be prosecuted for "quantities." However, this is the least of the three, so if you reduce your chances of getting prosecuted, they compare the prices of their competitors.
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