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2. At a busy intersection, there are four gas stations - one on each corner. Each of the gas stations always charges the same price
2. At a busy intersection, there are four gas stations - one on each corner. Each of the gas stations always charges the same price as the others {that price goes up and down as changes in supply and demand warrant, but each station always charges the same price as the others charge}. Does this sameness in pricing indicate that the gas stations have formed a ca rtel. or is there some other more likely explanation for why all of these gas stations charge the same price? Explain your
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