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)

---

Definitions:

Key Economic Role

A crucial function or position that significantly affects the economic performance or structure of a society or sector.

Artificial Insemination

A fertility treatment method involving the direct insertion of sperm into a woman's uterus to facilitate conception without sexual intercourse.

Surrogate Motherhood

An arrangement whereby a woman agrees to carry and give birth to a child for another person or couple, who then becomes the child's legal parents.

In Vitro Fertilization

A medical procedure whereby an egg is fertilized by sperm in a laboratory dish, and the resulting embryo is then transferred to the uterus for pregnancy.