c. In view of your answer to 8b, explain why price collusion is mutually profitable. Why might

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c. In view of your answer to 8b, explain why price collusion is mutually profitable.

Why might a temptation to cheat on the collusive agreement exist?

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Microeconomics : Microeconomics: Principles, Problems, And Policies

ISBN: 9781631577277

1st Edition

Authors: McConnell / Stanley L. Brue / Thomas P. Barbiero

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