Which of the Following Is Correct? When Oligopolies Collude

question 288

Multiple Choice

Which of the following is correct? When oligopolies collude

• A)they make higher profits and consumers of the product are better off.
• B)they make higher profits but consumers of the product are worse off.
• C)they make lower profits and consumers of the product are better off.
• D)they make lower profits and consumers of the product are worse off.

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