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Business, 18.08.2021 02:40 sierravick123owr441

In markets characterized by oligopoly, ​a.​the oligopolists are best off cooperating and behaving like a monopolist.
​b.​collusive agreements will always prevail.
​c.​collective profits are always lower with cartel arrangements than they are without cartel arrangements.
​d.​pursuit of self-interest by profit-maximizing firms always maximizes collective profits in the market.

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