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insherro insherro
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7 years ago
Assume a cartel that consists of two firms has determined its profit-maximizing level of output and must now decide how to allocate total output between the two firms. Assuming firm A's marginal costs are less than firm B's marginal costs, firm A should produce a smaller share of total output than firm B.
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Economics for Managers

Economics for Managers


Edition: 3rd
Author:
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University of Ottawa - Economics for Managers
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sofreshsofresh
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1
Sweet Caroline
Good times never seemed so good
I've been inclined,
To believe they never would
Oh, no, no

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insherro Author
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7 years ago
Helped a lot
aricketts6@
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Yesterday
Thanks for your help!!
SlimyPencil
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2 hours ago
this is exactly what I needed
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