Multiple Choice
Oligopolies would like to act like a
A) duopoly, but self-interest often drives them closer to the perfectly competitive outcome.
B) competitive firm, but self-interest often drives them closer to the duopoly outcome.
C) monopoly, but self-interest often drives them to charge a higher price than would be charged by a monopoly.
D) monopoly, but self-interest often drives them closer to the perfectly competitive outcome.
Correct Answer:

Verified
Correct Answer:
Verified
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