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As the number of firms in a cartel increases, what happens? Select one: a.The monopoly outcome becomes less likely. b.The magnitude of the price effect

As the number of firms in a cartel increases, what happens?

Select one:

a.The monopoly outcome becomes less likely.

b.The magnitude of the price effect increases.

c.Each seller becomes more concerned about its own impact on the market price.

d.The monopoly outcome becomes more likely.

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