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A cartel describes the situation where Select one: Firms in an oligopoly act as though they are perfectly competitive Oligopoly firms act together to increase

A cartel describes the situation where

Select one:

Firms in an oligopoly act as though they are perfectly competitive

Oligopoly firms act together to increase profit

Firms in an oligopoly actively compete with each other

Advertising is the main source of product differentiation in oligopol

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