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In a Small, Isolated Town in a Western State, There

Question 224

Multiple Choice

In a small, isolated town in a western state, there are only four dentists. In such a case, we can be confident that


A) there are high profits in the dental business in this town.
B) there are no profits in the dental business in this town.
C) the possibility of new dentists coming to town will limit the profits of the existing dentists.
D) collusion cannot occur among the four dentists.

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