The Price Charged by Oligopolists Will

question 20

Multiple Choice

The price charged by oligopolists will

• A) equal the equilibrium price in a price-takers market if the oligopolists collude.
• B) equal the monopoly price if the oligopolists do not collude.
• C) generally fall between the monopoly and competitive market equilibrium prices.
• D) be the same whether the oligopolists cooperate with one another or not; only profit is affected.

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