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    Survey of Economics Study Set 1
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    Exam 8: Market Entry, Monopolistic Competition, and Oligopoly
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    An Arrangement Under Which a Number of Firms Acts as a Single
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An Arrangement Under Which a Number of Firms Acts as a Single

Question 405

Question 405

Multiple Choice

An arrangement under which a number of firms acts as a single firm and coordinate their pricing decisions is:


A) a monopoly.
B) monopolistic competition.
C) price fixing.
D) perfect competition.

Correct Answer:

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