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Sublight2097 Sublight2097
wrote...
Posts: 4132
8 years ago
Cartels tend to break down unless they can obtain government assistance because cartel members will typically try to
A) charge higher prices than the prices agreed upon.
B) include sunk costs in their prices.
C) lower their costs below the agreed-upon levels.
D) sell more than their quotas.
E) do all of the above.
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
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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