Anonymous #1
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Is a non-collusive firm the same as a competitive firm?
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catholicgirl
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(Original post by Anonymous)
Is a non-collusive firm the same as a competitive firm?
No because a firm in a monopoly market can be under strict regulation and thus they are non-collusive while being a monopolist.
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Anonymous #1
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(Original post by catholicgirl)
No because a firm in a monopoly market can be under strict regulation and thus they are non-collusive while being a monopolist.
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