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Homework answers / question archive / a) How do oligopolies such as the "Coles" and "Woolies" form? b) Explain how "Coles" and "Woolies" are mutually interdependent using the Prisoner's Dilemma

a) How do oligopolies such as the "Coles" and "Woolies" form? b) Explain how "Coles" and "Woolies" are mutually interdependent using the Prisoner's Dilemma

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a) How do oligopolies such as the "Coles" and "Woolies" form?

b) Explain how "Coles" and "Woolies" are mutually interdependent using the Prisoner's Dilemma.

c) How do oligopolies such as "Coles" and "Woolies" affect economic efficiency and ultimately consumers?

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