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15 November, 20:57

An agreement among members of an oligopoly to set prices and production levels is called? A) price leadership. B) competition. C) collusion. D) imperfect monopoly.

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  1. 15 November, 21:03
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    C. Collusion This is the definition set forth in the Econ Chapter 7.3
  2. 15 November, 21:20
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    C. Collusion

    Explanation:

    secret or illegal cooperation or conspiracy, especially in order to cheat or deceive others.
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