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ya-yaa ya-yaa
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10 months ago

The key behavioral assumption of the cartel theory is that oligopolists in an industry



try to maximize sales instead of profits.



act as if they are perfect competitors.



act in a manner consistent with there being only one firm in the industry.



try to create a demand for their products by way of advertising.



none of the above

Textbook 
Economics

Economics


Edition: 12th
Author:
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michaelfidanzamichaelfidanza
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10 months ago
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ya-yaa Author
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10 months ago
Smart ... Thanks!
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Yesterday
Thank you, thank you, thank you!
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2 hours ago
this is exactly what I needed
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