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How does collusion make firms better off? O A. The firms can act as a single entity, like a monopoly O B. The firms can
How does collusion make firms better off? O A. The firms can act as a single entity, like a monopoly O B. The firms can charge lower prices, but sell a greater quantity and thus earn higher revenues. O C. The firms can charge lower prices and sell a smaller quantity and still increase profits. O D. Both A and B. O E. Both A and C
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