Which of the following is a game theory strategy for oligopolists to avoid a low-price outcome?

Of the 10% of the U.S. work force with advanced (Master's, other professional, and Ph.D.) degrees, the share of those who are foreign born is:

a. more than 50%. b. between 16 and 40%. c. less than 15%. d. less than 5%.

Mass adoption of technology, like the steam engine, was not influenced greatly by the relative benefits and costs of the new technology compared to existing technology

Indicate whether the statement is true or false