Question: Which statement is false? ( LO1 ) a) The cigarette and auto industries have high concentration ratios. b) OPEC is a cartel. c) Most oligopolies

Which statement is false? ( LO1 )

a) The cigarette and auto industries have high concentration ratios.

b) OPEC is a cartel.

c) Most oligopolies engage in outright collusion.

d) None of these statements is false.

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