答案如下
Which of the following most likely describes how firms in an oligopolist market will increase profits?
A) Increase prices.
B) Form a cartel.
C) Increase production.
D) Decrease prices.
Your answer: B was correct!
Oligopolies can maximize profits by colluding with one another, which reduces competition and increases the price of their product. Collusion can take the form of an association or cartel to set prices and output.
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发表于 2006-4-3 12:21
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