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3. In the Green and Porter model, firms do not directly observe the fluctuations in demand. Instead, these demand fluctuations are indirectly observed. How are
3. In the Green and Porter model, firms do not directly observe the fluctuations in demand. Instead, these demand fluctuations are indirectly observed. How are firms able to indirectly observe fluctuations in demand? In the Green and Porter model, if the firms reduce the trigger price but do not simultaneously change either the q* or T, will effective collusion become more or less likely? Explain your reasoning carefully
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