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thallium81 thallium81
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2 years ago
It is common for a cartel to collapse when one or more firms in the cartel

▸ produce more efficiently than other member firms.

▸ increase its price above the monopoly price.

▸ exit the industry.

▸ exceed its output quota.

▸ are much larger than other cartel members.
Textbook 
Microeconomics

Microeconomics


Edition: 17th
Author:
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Hlh13Hlh13
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2 years ago
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thallium81 Author
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2 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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This helped my grade so much Perfect
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You make an excellent tutor!
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