What stops oligopolists from acting together as a monopolist and earning the highest possible level of profits?

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Principles Of Economics

ISBN: 9781506699868

2nd Edition

Authors: OpenStax

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Question Posted: Oct 29, 2023 01:15 PM

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What stops oligopolists from acting together as a monopolist and earning the highest possible level of profits?

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Oligopolists face several challenges that prevent them from acting together as a monopolist and earning the highest possible level of profits These ch...View the full answer

Principles Of Economics

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