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QUESTION 9 Collusion is easier to sustain when firms set prices rather than quantities because... O ... price competition allows higher deviation profits. O ...
QUESTION 9 Collusion is easier to sustain when firms set prices rather than quantities because... O ... price competition allows higher deviation profits. O ... price competition implies higher deviation profits and lower punishment profits; the latter effect is less important. O ... price competition allows higher punishment profits. O ... price competition implies higher deviation profits and lower punishment profits; the latter effect is more important
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