Business
Business, 18.12.2019 22:31, bxbysoso

How does collusion make firms better off (select one)?

a. the firms can act as a single entity, like a monopoly.
b. the firms can charge lower prices and sell a smaller quantity and still increase profits.
c. the firms can charge lower prices, but sell a greater quantity and thus earn higher revenues.
d. both a and b.
e. both a and c.

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Answers: 1

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How does collusion make firms better off (select one)?

a. the firms can act as a singl...

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