Firms in an oligopoly market structure agree to collude

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Reference no: EM131169189

The firms in an oligopoly market structure agree to collude because:

a. it helps them to earn more profits.

b. each firm wants to know the strategy of its rivals.

c. each firm wants to charge a lower price for its product than its rivals.

d. it helps them to enjoy economies of scale.

e. the firms want to maintain a healthy relationship with each other

Reference no: EM131169189

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