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Title: A collusive agreement to form a cartel is difficult to maintain because Post by: Loraine on Jun 21, 2015 A collusive agreement to form a cartel is difficult to maintain because
A) each member firm can increase its own profits by cutting its price and selling more. B) forming a cartel is legal but frowned upon throughout the world. C) supply will decrease because of the high cartel price. D) demanders will rebel once they realize a cartel has been formed. E) each firm can increase its profit if it decreases its production even more than the decrease set by the cartel. Title: Re: A collusive agreement to form a cartel is difficult to maintain because Post by: VincenzoD on Jul 23, 2015 Content hidden
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