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To move the allocation of resources closer to the social optimum, policymakers should typically try to induce firms in an oligopoly to __________.
To move the allocation of resources closer to the social optimum, policymakers should typically try to induce firms in an oligopoly to compete rather than cooperate with each other.
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Asked 5/15/2013 12:21:22 PM
Updated 11/23/2015 9:40:20 PM
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Flagged by emdjay23 [11/23/2015 5:40:58 PM], Edited by Andrew. [11/23/2015 9:40:20 PM]
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To move the allocation of resources closer to the social optimum, policymakers should typically try to induce firms in an oligopoly to compete rather than cooperate with each other.
Added 11/23/2015 5:40:56 PM
This answer has been confirmed as correct and helpful.
Confirmed by Andrew. [11/23/2015 9:40:24 PM]
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