Generally,long-Run Profits for Firms That Cheat on Purely Collusive Agreements

question 91

Multiple Choice

Generally,long-run profits for firms that cheat on purely collusive agreements fall ________ the perfect competition,zero-economic-profit solution and the perfect competition,shared-monopoly-profit solution.

• A)clearly outside of
• B)at one side of
• C)somewhere outside of
• D)somewhere between