When players in a game collude, they:
A)choose to avoid any outcomes that harm their rival.
B)make agreements not to compete with each other and, typically, to charge high prices.
C)act independently to try to eliminate other players from the game.
D)change their products, so that they are in different markets and not competing with each other.

Question

Quizplus · Accepted Answer

Collusion involves players making agreements not to compete with each other, typically to charge high prices. Option A implies cooperation, not collusion. Option C describes aggressive competition, not collusion. Option D refers to market differentiation, which is not necessarily collusion.

When Players in a Game Collude, They