Register

An extreme case of oligopoly in which firms collude to raise joint profits is known as a.duopoly. cartel. dominant producer. price war.

An extreme case of oligopoly in which firms collude to raise joint profits is known as a.duopoly. cartel. dominant producer. price war.
asked 127k views
4 votes
An extreme case of oligopoly in which firms collude to raise joint profits is known as

a.duopoly. cartel. dominant producer. price war.

asked
User Pixelkicks
by
8.0k points

1 Answer

2 votes
A Cartel

Note that it doesn’t have to be oligopolies that collude, small firms can also!
answered
User Tadeo
by
8.2k points
← Prev Question Next Question →

Related questions

Ask a Question
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.

Categories

Other Questions

Who was Adam Smith ? Anybody?
What can turn igneous rock into sediment?
In what way did the GI Bill contribute to the growth of professional and white-collar jobs ? A.by providing US laborers with new job-training programs B.by giving US veterans assistance to purchase a new
Link Copied!