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Why don't oligopolists from always act together as a monopolist in order to earn the highest possible level of profits? Think of an industry in
Why don't oligopolists from always act together as a monopolist in order to earn the highest possible level of profits? Think of an industry in which the top five firms combined have at least 60% of the market, making it potentially an oligopoly. Provide evidence of the market share. Is the oligopoly market structure beneficial for consumers? Is it harmful? Explain
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