If Two Duopolists Can Collude Successfully, Then Both Will

question 68

Multiple Choice

If two duopolists can collude successfully, then both will

• A) earn greater profits than if they did not collude.
• B) price at marginal cost.
• C) price below average total cost.
• D) lower their economic profits.

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Definitions:

Effective Flow

The efficient and smooth process of operations and tasks in an organizational or project setting.

Continuous Flow

A production process where items move from one step to the next with minimal waiting, aiming to maximize efficiency and reduce waste.

Productivity Obstacle

Any factor that impedes the efficiency and effectiveness with which work can be performed and output can be generated.

Poor Communication

Inadequate exchange of information that leads to misunderstandings, errors, and inefficiencies in an organizational setting.