Collusive Control Over Price May Permit Oligopolists to

question 50

Multiple Choice

Collusive control over price may permit oligopolists to

• A) use new technology,achieve economies of scale,and get government subsidies.
• B) achieve economies of scale,reduce costs,and prevent price cheating.
• C) increase product demand,increase product supply,and lower cost.
• D) reduce uncertainty,increase profit,and possibly limit entry of new firms.
• E) make the industry more competitive.

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