1. As a group, oligopolists would always be better off if they would act collectively
a) as if they were each seeking to maximize their own individual profits
b) in a manner that would prohibit collusive agreements
c) as a single monopolist
d) as a single perfectly competitive firm
2. Factor markets for baked goods are influenced by the: Why?
a) demand for baked goods
b) marginal productivities of labor and capital
c) market prices for final goods and services
d) All of the above