Question

As a group, oligopolists would always be better off if they would act collectively... Group of answer choices as if they were each seeking to maximize their own individual profits. in a manner that would prohibit collusive agreements. as a single monopolist. as a single perfectly competitive firm.

Answer 1

as a single monopolist

Step-by-step explanation:

The oligopolist is the market structure where there are less sellers and if any actions are taken by them so it impact the price materially and also have the impact on the competitor

So as per the given situation, it would act as a single monopolist as they would charge high price because there is no competition

Therefore the above represent the answer