问题
单项选择题
Something that oligopolists will try to engage in with another firm in setting a higher price is called :()
A. high economic profits.
B. prisoner's dilemma.
C. collusion.
答案
参考答案:C
解析:
Collusion is when firms organize into an association to increase profits by controlling prices and output. Collusion can take place when an industry has a small number of competitors and high barriers to entry.