contestada

In which Market Structure is there a possibility of collusion?
A) monopoly
B) oligopoly
C) perfect competition
D) monopolositic competition

Respuesta :

Answer:

Option B: oligopoly

Explanation:

Collusion often takes place within an oligopoly market structure, where there are few firms and agreements have significant impacts on the entire market or industry. To differentiate from a cartel, collusive agreements between parties may not be explicit; however, the implications of cartels and collusion are the same.