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  3. Study Set
    Economics-Microeconomics
  4. Exam
    Exam 15: Oligopoly
  5. Question
    ________ Is a Group of Firms That Have Colluded to Limit
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________ Is a Group of Firms That Have Colluded to Limit

Question 232

Question 232

Multiple Choice

________ is a group of firms that have colluded to limit their output and raise their price.


A) A cartel
B) An oligopoly
C) A strategy
D) A duopoly

Correct Answer:

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