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Author Question: You are given the following information about an oligopolistic industry:(i) there are few firms in ... (Read 72 times)

fnuegbu

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on: May 25, 2020

You are given the following information about an oligopolistic industry:

(i) there are few firms in the industry;

(ii) there is not a dominant supplier;

(iii) the firms' products are close substitutes for each other.

Which combination of these features is likely to encourage collusion between the firms in the industry?
◦ (ii) and (iii)
◦ (ii) only
◦ (i) and (iii)
◦ (i) and (ii)
◦ (i), (ii) and (iii)
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
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Marked as best answer by fnuegbu on May 25, 2020

heyhey123

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Reply #1 on: May 25, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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fnuegbu

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Reply 2 on: May 25, 2020
Excellent

bassamabas

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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