Using Figure 3-4 above, if the two firms were free to collude, they would select quadrant ___
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Question:
Using Figure 3-4 above, if the two firms were free to collude, they would select quadrant ___ but if they are not allowed to collude, they will most likely end up in quadrant ______.
A. d,a
B. c,b
C. a,d
D. a,a
E. insufficient information
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