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.

单项选择题 A1/A2型题
问答题 简答题