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      Question

      Assertion (A): There is a natural tendency to

      collude under oligopoly. Reason (R) : Inter-dependence of firms in oligopolistic markets.
      A Both (A) and (R) are correct but (R) is not the correct explanation of (A). Correct Answer Incorrect Answer
      B Both (A) and (R) are correct and (R) is the correct explanation of (A). Correct Answer Incorrect Answer
      C (A) is correct but (R) is incorrect. Correct Answer Incorrect Answer
      D (A) is incorrect but (R) is correct. Correct Answer Incorrect Answer
      E Both are incorrect. Correct Answer Incorrect Answer

      Solution

      There is a natural tendency to collude under oligopoly because of inter-dependence of firms.

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