Question: Using antitrust economic theory, what can be inferred as the effect of Alice and Bob colluding to fix widget prices at $10? Question 97 options:

Using antitrust economic theory, what can be inferred as the effect of Alice and Bob colluding to fix widget prices at $10? Question 97 options: a) They incentivize new firms to enter the widget market due to low barrier to entry. b) They foster healthy competition by standardizing prices in the market. c) They provide consumers with more choices as they eliminate the need for price comparisons. d) They create a wealth transfer from consumers to themselves, and a deadweight loss due to reduced economic efficiency

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