1 If a group of sellers could form a cartel, what quantity and price would they try...

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1 If a group of sellers could form a cartel, what quantity and price would they try to set?

Explain why this is the best outcome for the members of the cartel.

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Principles Of Microeconomics

ISBN: 125206

8th Edition

Authors: Joshua Gans, Stephen King, Martin Byford, N Gregory Mankiw

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