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pirex pirex
wrote...
Posts: 634
6 years ago
A typical firm in a cartel will hold which of the following attitudes?
A) If everyone cheats, I'm better off, and so is everyone in the cartel.
B) If I alone cheat, I'm better off; if everyone cheats, I'm worse off.
C) I can never do better for myself than following agreed-upon cartel rules.
D) If I suspect others are planning to cheat, I'll do best for myself by deciding not to cheat.
Textbook 
Microeconomics

Microeconomics


Edition: 6th
Author:
Read 61 times
1 Reply
And if you call, I will answer
And if you fall, I'll pick you up
And if you court this disaster
I'll point you home
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TecShdwTecShdw
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Posts: 432
Rep: 0 0
6 years ago
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