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Homework answers / question archive / If a duopoly has a collusive agreement that maximizes joint profit, then each duopolist has A

If a duopoly has a collusive agreement that maximizes joint profit, then each duopolist has A

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If a duopoly has a collusive agreement that maximizes joint profit, then each duopolist has

A. an incentive to cheat by raising its price.

B. no incentive to cheat.

C. an incentive to cheat by lowering its price.

D. an incentive to cheat by decreasing its output.

Option 1

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Option 2

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