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Question 1 Which of tire following is an example of collusion? 1. Movie Theater Tickets 2. Organization of the Petroleum Exporting Countries (OPEC) 3. Cellphone
Question 1 Which of tire following is an example of collusion? 1. Movie Theater Tickets 2. Organization of the Petroleum Exporting Countries (OPEC) 3. Cellphone prices 4. Car sales Question 2 Consumers are best served when companies do what? 1. When companies choose low output 2. When companies collude 3. When companies compete against each other 4. Decide pricing and quantity production together Question 3 What makes collusion difficult to maintain? 1. You can't enforce in a contract 2. Frequently better options for rm 3. Illegal 4. AUHQtthe above
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