Collusive Control Over Price May Permit Oligopolists to

question 289

Multiple Choice

Collusive control over price may permit oligopolists to

• A)use new technology, achieve economies of scale, and get government subsidies.
• B)achieve economies of scale, reduce costs, and prevent price cheating.
• C)increase product demand, increase product supply, and lower cost.
• D)reduce uncertainty, increase profits, and possibly limit entry of new firms.