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Other Fields Homework Help Economics Topic started by: sinerus on Aug 29, 2017



Title: In general, firms in a cartel
Post by: sinerus on Aug 29, 2017
In general, firms in a cartel
A) agree to charge the price the monopolist would charge.
B) agree to set price equal to marginal cost.
C) do not consider the actions of the other firms in the cartel when making output decisions.
D) produce levels of output exceeding the monopoly output level.


Title: Re: In general, firms in a cartel
Post by: Quinn1981 on Aug 29, 2017
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