Oligopolists will earn zero profits unless they can collude.

Name: Oligopolists will earn zero profits unless they can collude.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

While colluding can lead to higher profits for oligopolists, it is not necessary for them to earn positive profits. In some cases, oligopolists may choose to engage in non-price competition or differentiate their products to maintain market power and earn profits.

Oligopolists Will Earn Zero Profits Unless They Can Collude