Briefly explain why when a firm’s fixed costs is high relative to total costs, it has the incentive to cheat on the cart

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

Briefly explain why when a firm’s fixed costs is high relative to total costs, it has the incentive to cheat on the cart

Post by answerhappygod »

Briefly explain why when a firm’s fixed costs is high relativeto total costs, it has the incentive to cheat on the cartelagreement.
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Post Reply