Introduction to Collusion in Oligopoly Markets

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•
Business
•
11th Grade - University
•
Hard
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3 questions
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1.
OPEN ENDED QUESTION
3 mins • 1 pt
Why is it important for firms to consider the actions of their rivals in an oligopoly market?
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2.
OPEN ENDED QUESTION
3 mins • 1 pt
How can firms use collusion to raise barriers to entry for new competitors?
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3.
OPEN ENDED QUESTION
3 mins • 1 pt
What are the potential short-term sacrifices firms may face when engaging in predatory pricing?
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