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There are two producers of water heaters that together are the sole providers to a large community. The executives of these companies meet to set

There are two producers of water heaters that together are the sole providers to a large community. The executives of these companies meet to set minimum prices and production levels. By doing so, they ensure that they each will make a higher profit than they would in a free market. This is an example of a(n) Group of answer choices oligopoly. monopoly. autocracy. dictatorship

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