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7. What is collusion? how about the laws regulating it? what are the factor that facilitate collusion? How do we find the threshold value for

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7. What is collusion? how about the laws regulating it? what are the factor that facilitate collusion? How do we find the threshold value for the discount factor in a model of collusion under the assumption of price competition and how do we solve under the assumption of quantity competition? 8. How does the standard model of collusion change when we allow for the demand function to be a random (stochastic) variable

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