Oligopolists merge to ________

A) increase market supply
B) increase market demand
C) increase market power
D) reduce prices

C

Economics

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A steady-state equilibrium refers to:

A) an equilibrium in which the stock of physical capital remains constant over time. B) an equilibrium in which the inequality remains constant over time. C) an equilibrium in which the GDP per capita remains constant over time. D) an equilibrium in which the poverty rate remains constant over time.

Economics

Which of the following is most important for the achievement of higher income levels and living standards?

What will be an ideal response?

Economics