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kaylie.yardley kaylie.yardley
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6 years ago
If three firms of similar sizes join to form a cartel, then it is most likely that
A) they will charge a common, higher market price.
B) they will collectively produce more than before.
C) all three firms will stop producing.
D) all three firms will earn zero profits.
Textbook 
Economics Today: The Micro View

Economics Today: The Micro View


Edition: 19th
Author:
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16daniellea16daniellea
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#1
6 years ago
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6 years ago
Smart ... Thanks!
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