If oligopolists engage in collusion and successfully from a cartel, t – McqOptions

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1.	If oligopolists engage in collusion and successfully from a cartel, the market outcome is ?
A.	the same as if it were served by competitive firms
B.	efficient because cooperation improves efficiency
C.	the same as if it were served by a monopoly
D.	known as a Nash equilibrium
Answer» D. known as a Nash equilibrium

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