One would expect that collusion among oligopolistic producers would be easiest to achieve in which of the following cases?

Question

Quizplus · Accepted Answer

Collusion among oligopolistic producers is easiest to achieve when there is a very small number of firms producing a homogeneous product. This is because it is easier for a few firms to agree on prices and output levels when they are offering similar products, and the small number of firms makes it easier to monitor and enforce the agreement.

One Would Expect That Collusion Among Oligopolistic Producers Would Be