asked 98.1k views
4 votes
If oligopolists engaged in some sort of collusion, industry output would be _____ and price would be _____ than under perfect competition.

smaller;higher

asked
User Beto
by
7.9k points

1 Answer

2 votes

Answer:

If oligopolists engaged in some sort of collusion, industry output would be smaller_____ and price would be _higher____ than under perfect competition.

answered
User Sidharth Sharma
by
8.1k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.