Read each question and choose the best answer.

Question

How can collusion be harmful to consumers?
A. it can make consumers pay too much money for goods or services
B. it can flood the market with products that are identical
C. it can result in advertising that is confusing to consumers
D. it can result in prices that fall so low that firms go out of business

Answer 1

A. it can make consumers pay too much money for goods or services