Multiple Choice
Collusive control over price may permit oligopolists to
A) use new technology, achieve economies of scale, and get government subsidies.
B) achieve economies of scale, reduce costs, and prevent price cheating.
C) increase product demand, increase product supply, and lower cost.
D) reduce uncertainty, increase profits, and possibly limit entry of new firms.
Correct Answer:

Verified
Correct Answer:
Verified
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