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4. Oligopoly terminology Three companies, Optimax, Megachugr and Thirstoid, each with about the same market share, dominate the sports drink market. In an attempt to

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4. Oligopoly terminology Three companies, Optimax, Megachugr and Thirstoid, each with about the same market share, dominate the sports drink market. In an attempt to increase profits, the three companies coordinate their actions and agree to restrict their collective output of sports drinks, thereby increasmg the price of sports drinks in the market. This is an example of: O A cartel O A price war 0 Price leadership

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