6. Oligopolistic firms have a strong incentive to collude and a strong incentive to break their collusive

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6. "Oligopolistic firms have a strong incentive to collude and a strong incentive to break their collusive agreements with rivals." Explain in your own words why this statement is either true or nonsense.

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Economics Private And Public Choice

ISBN: 9780123110404

2nd Edition

Authors: James D Gwartney; Richard Stroup; A H Studenmund

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