Question: Which statement is NOT true about collusion? Collusion is an example of a Prisoner's Dilemma. When rivals collude to raise prices, they increase their profits.

Which statement is NOT true about collusion? Collusion is an example of a Prisoner's Dilemma. When rivals collude to raise prices, they increase their profits. Collusion is an extreme example of cooperation. Collusion is legal because it helps firms survive

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