ECON Question

Quiz: Assignment 5 (Unit 8) X Video x Course Hero X + C howardcc.instructure.com/courses/1099073/quizzes/1701532/take Google Password Required Close G Enter your password for "Helendeshaw" Apps YouTube Maps M Gmail Dy HCC OUTLOOK & HCC Chapter 6 Homew... Curve Sketching... in Internet Accounts. Continue sell products that are cheaper than the products that perfectly competitive firms sell. O differentiate - in other words, they sell products that are different from their competitors. Account Dashboard D Question 4 0.69 pts Courses Collusion in oligopolistic industries is usually not effective in the long run because: Groups O of all of the listed options. Calendar O exorbitantly high prices lead to excessive profits; this attracts outside investors who enter the industry, provide competition, and eventually bring the price back down. 38 O firms in the cartel sometimes cheat in order to sell more than their allowed quota. Inbox O firms that collude often have difficulty coming to a long-term pricing and production agreement. History Studio O D Question 5 0.69 pts New2HCC ? Collusion, particularly in oligopolistic industries, sometimes occurs because: Help