If the social value of producing robots is greater than the private value of producing robots, the private market produces too few robots

Money is a convenience that makes the economic pie bigger

Indicate whether the statement is true or false

Oligopolies can end up looking like competitive markets if the number of firms is

a. large and they all cooperate. b. large and they do not cooperate. c. small and they all cooperate. d. small and they do not cooperate.