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48) Refer to Fact 15.2.1. Which of the following actions maximizes the industry's economic profit? A) Both firms cheat on the agreement. B) One firm

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48) Refer to Fact 15.2.1. Which of the following actions maximizes the industry's economic profit? A) Both firms cheat on the agreement. B) One firm cheats and one firm complies. C) Both firms comply with the agreement. D) New firms enter the market. E) Both firms charge the price that would exist in a perfectly competitive market

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