Collusion among buyers or sellers reduces the level of competition in a market. Collusion is more difficult in markets with large numbers of buyers and sellers.
Standard detail
4.
Benchmark
Depth 1Parent ID: 153C59D2D113416086CE5C5B45C59287Standard set: Grades 9, 10, 11, 12
Original statement
Quick facts
- Statement code
- 4.
- List ID
- 4.
- Standard ID
- 1AE80B3D03EF463D8E1B12CB3CA92775
- ASN identifier
- S2604755
- Subject
- Economics
- Grades
- 09, 10, 11, 12
- Ancestor IDs
- 153C59D2D113416086CE5C5B45C59287
- Source document
- Voluntary National Content Standards in Economics (2010)
- License
- CC BY 3.0 US