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Loraine Loraine
wrote...
Posts: 4563
9 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 167 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
9 years ago
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Loraine Author
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9 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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Just got PERFECT on my quiz
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Correct Slight Smile TY
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