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Loraine Loraine
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Posts: 4563
8 years ago
A group of firms acting together to limit output, raise price, and increase economic profit is a called a
A) duopoly.
B) monopolistic oligopoly.
C) competitive oligopoly.
D) cartel.
E) multi-firm competitive monopoly.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
Read 151 times
1 Reply
Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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VincenzoDVincenzoD
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Posts: 1913
8 years ago
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Loraine Author
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8 years ago
You make an excellent tutor!
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Yesterday
Thank you, thank you, thank you!
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2 hours ago
Brilliant
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