Multiple Choice
When more firms enter into a market that was previously characterized as a duopoly,it will
A) be easier for firms in the market to form a successful cartel.
B) be more difficult for firms in the market to form a successful cartel.
C) be just as difficult for firms in the market to form a successful cartel as it was before the new firms entered.
D) be impossible for firms in the market to form a successful cartel,whereas before the new firms entered,it would have been possible.
E) still be impossible for firms in the market to form a successful cartel.
Correct Answer:

Verified
Correct Answer:
Verified
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