As a group, oligopolists earn the highest profit when they a. achieve a nash equilibrium. b. produce a total quantity of output that exceeds the nash-equilibrium total quantity. c. produce a total quantity of output that falls short of the nash-equilibrium total quantity. d. charge a price that falls short of the nash-equilibrium price.
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Ответ:
The correct answer is "c. produce a total quantity of output that falls short of the Nash-equilibrium total quantity."
Explanation: When oligopolists act together, it is called collusion. Collusion refers to cooperation between different companies. Companies collude in some way to establish prices and production levels. In this way, they can act as monopolists and establish a high price and a level of production that does not reach the total amount of Nash equilibrium which produces the maximum benefit as a group.
Ответ:
perfectlay beautiful.
Explanation:
how I solved it was this. The first one the Roman numeral is 6 so I went to word 6 which is in row 3. The same thing for the 2nd one which is Roman numeral 7 went to 7th word which is beautiful.