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Sublight2097 Sublight2097
wrote...
Posts: 4132
8 years ago
Which of the following is most likely to occur if a cartel does not find an acceptable way to allocate sales among its members?
A) Output will decrease.
B) Prices will rise.
C) Selling costs will increase.
D) The marginal costs of individual members will rise above their marginal revenue.
Textbook 
The Economic Way of Thinking

The Economic Way of Thinking


Edition: 13th
Authors:
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SmooothSmoooth
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Posts: 5500
8 years ago
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Sublight2097 Author
wrote...
8 years ago
Another one in the books, marking it solved.
wrote...
8 years ago
You're welcome Happy Dummy
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