Multiple Choice
Which of the following statements is true regarding collusion?
A) The U.S. government encourages businesses to collude.
B) Business who collude compete outside the public eye, and thus have noncooperative outcomes.
C) Collusion between businesses does not serve the public interest.
D) Businesses who collude act in their own self-interest and ignore other players' decisions.
Correct Answer:
Verified
Correct Answer:
Verified
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