Multiple Choice
-If two duopolists can stick to a cartel agreement to boost their prices, then both
A) price below average total cost.
B) make greater economic profits than if they did not collude.
C) price at marginal cost.
D) decrease their economic profits.
E) increase their production so that each produces more than if they did not collude.
Correct Answer:

Verified
Correct Answer:
Verified
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