Which market structure commonly practices collusion?
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
Correct Answer: Option B
Explanation:
Firms under oligopoly may cooperate secretly to control prices or output in order to maximize joint profits.
Firms under oligopoly may cooperate secretly to control prices or output in order to maximize joint profits.