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sinerus sinerus
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6 years ago
Price fixing tends to fail in an oligopoly because
A) consumers don't like fixed prices.
B) firms like to have flexibility in setting prices.
C) it increases the quantity demanded.
D) each firm has an incentive to underprice the other firms.
Textbook 
Survey of Economics: Principles, Applications and Tools

Survey of Economics: Principles, Applications and Tools


Edition: 6th
Authors:
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Lightman030Lightman030
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6 years ago
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