Which of the Following Explains Why Oligopolies Can Fail to Maintain

question 86

Multiple Choice

Which of the following explains why oligopolies can fail to maintain cooperation?
(i) the story of the prisoners' dilemma
(ii) the cartel theory
(iii) the fact that self-interest is not consistent with collective group interest

• A)(i) and (ii)
• B)(ii) and (iii)
• C)(i) and (iii)
• D)(i), (ii) and (iii)