The price charged by oligopolists will
A) equal the equilibrium price in a price-takers market if the oligopolists collude.
B) equal the monopoly price if the oligopolists do not collude.
C) generally fall between the monopoly and competitive market equilibrium prices.
D) be the same whether the oligopolists cooperate with one another or not; only profit is affected.
Correct Answer:
Verified
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