Multiple Choice
If two duopolists can stick to a cartel agreement to boost their prices,then both
A) make greater economic profits than if they did not collude.
B) price at marginal cost.
C) price below average total cost.
D) decrease their economic profits.
E) increase their production so that each produces more than if they did not collude.
Correct Answer:

Verified
Correct Answer:
Verified
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