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
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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