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Which of the following statements about collusion is false ? a. Collusion is illegal in the United States. b. Its overriding goal is to reduce
Which of the following statements about collusion is false?
a.
Collusion is illegal in the United States.
b.
Its overriding goal is to reduce competition and thereby increase profits.
c.
The greater the number of firms, the more difficult it is to maintain.
d.
There is a tendency for cheating.
e.
Collusion never results in benefits for the participants.
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