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Sublight2097 Sublight2097
wrote...
Posts: 4132
8 years ago
A successful cartel must divide the market among its members to prevent members'
A) marginal cost from exceeding their individual marginal revenues.
B) output from decreasing.
C) prices from rising above the cartel price.
D) selling costs from rising.
Textbook 
The Economic Way of Thinking

The Economic Way of Thinking


Edition: 13th
Authors:
Read 339 times
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Answer verified by a subject expert
SmooothSmoooth
wrote...
Top Poster
Posts: 5500
8 years ago
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Sublight2097 Author
wrote...
8 years ago
I've noticed they use a lot of trickery with their questions. Thank you for your input.
wrote...
8 years ago
You're welcome Happy Dummy
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