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Komok [63]
3 years ago
5

PLEASE USE REAL ANSWERS!!! NO LINKS OR I WILL REPORT!!!

History
1 answer:
denis-greek [22]3 years ago
5 0

Answer:

When oligopoly firms in a certain market decide what quantity to produce and what price to charge, they face a temptation to act as if they were a monopoly. By acting together, oligopolistic firms can hold down industry output, charge a higher price, and divide up the profit among themselves.

Explanation:

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