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17 March, 16:12

An agreement between two duopolists to function as a monopolist usually breaks down because A. each duopolist wants a larger share of the market to capture more profit. B. each duopolist wants to charge a higher price than the monopoly price. C. they cannot agree on the output that a monopolist would produce. D. they cannot agree on the price that a monopolist would charge.

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  1. 17 March, 19:14
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    The answer to this question is A each duopolist wants a larger share of the market to capture more profit.

    Explanation:

    A duopoly is a type of imperfect market in which the production of goods and services is owned and controlled by two producers. On the other hand, a monopolist is a market situation whereby there is only one producer or supplier of a particular type of commodity that has no substitute.

    An agreement between two duopolist to function as a monopolist will usually break down because each duopolist wants a larger share of the market to capture more profit.

    Hence the answer is A
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