Which statement about oligopolies is false? a) They operate at the minimum points of their ATC curves.

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Which statement about oligopolies is false? 

a) They operate at the minimum points of their ATC curves.

b) They charge higher prices than perfect competitors.

c) They make profits in the long run.

d) They cannot legally form cartels in the United States.

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Microeconomics

ISBN: 9780077641542

11th Edition

Authors: Stephen Slavin

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