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A group of sellers decide to create a cartel similar to OPEC, what quantity and price do you think they would set. Show in a

A group of sellers decide to create a cartel similar to OPEC, what quantity and price do you think they would set. Show in a graph how an Oligopoly will create an artificial shortage and by doing so what does that do to price? Give 2 examples of Oligopoly firms where you see game theory played out

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