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Home Q & A Board Other Fields Homework Help Business Economics
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apadong apadong
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7 years ago
Relative to a competitively organized industry, firms acting collusively are more likely to produce
A) less output, charge lower prices, and earn only a normal profit.
B) more output; charge higher prices, and earn economic profits.
C) less output, charge lower prices, and earn economic profits.
D) less output, charge higher prices, and earn economic profit.
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goldlilysgoldlilys
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#1
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7 years ago
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apadong Author
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#2
7 years ago
Correct Slight Smile
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