For Firms in an Oligopoly,the Main Advantage of Explicit Collusion

question 63

Multiple Choice

For firms in an oligopoly,the main advantage of explicit collusion is that it

• A)eliminates the gains from cheating.
• B)reduces the cost per unit of advertising.
• C)leads to greater product differentiation.
• D)removes much of the uncertainty about rivals' reactions.
• E)makes all firms more productively efficient.

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Definitions:

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A condition in which the thyroid gland is enlarged and can be physically felt upon examination.