Q. Which of the following oligopoly models is concerned with the maximization of joint profits?
A. Price leadership model
B. Bertrand’s model
C. Collusive model
D. Edge worth’s model Answer: Collusive model
Q. Which of the following oligopoly models is concerned with the maximization of joint profits?
A. Price leadership model
B. Bertrand’s model
C. Collusive model
D. Edge worth’s model Answer: Collusive model