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    Microeconomics A Contemporary Introduction Study Set 1
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    Exam 10: Monopolistic Competition and Oligopoly
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    Collusion Occurs When
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Collusion Occurs When

Question 37

Question 37

Multiple Choice

Collusion occurs when


A) a firm chooses a level of output to maximize its own profit
B) firms get together to maximize joint profits
C) firms refuse to follow their price leaders
D) firms petition their U.S.senators for favors
E) two firms' price and output decisions come into conflict

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