If the industry is an oligopoly, the price charged and the quantity produced would be the same as if the industry was a monopoly if the

Name: If the industry is an oligopoly, the price charged and the quantity produced would be the same as if the industry was a monopoly if the
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Oligopolists can collude to act like a monopoly by setting prices and limiting output in order to maximize profits. In this scenario, the price charged and quantity produced would be the same as if the industry was a monopoly.

If the Industry Is an Oligopoly, the Price Charged and the Quantity