If Two Duopolists Can Stick to a Cartel Agreement to Boost

question 77

Multiple Choice

If two duopolists can stick to a cartel agreement to boost their prices,then both

• A) make greater economic profits than if they did not collude.
• B) price at marginal cost.
• C) price below average total cost.
• D) decrease their economic profits.
• E) increase their production so that each produces more than if they did not collude.