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CAN YOU PLEASE REVIEW ANSWER,YOU GAVE ME D AND IT IS WRONG If an oligopolist is part of a cartel that is collectively producing at
CAN YOU PLEASE REVIEW ANSWER,YOU GAVE ME D AND IT IS WRONG
If an oligopolist is part of a cartel that is collectively producing at the monopoly level of output, then the oligopolist, being self-interested, will:
Select one:
a.increase production and push prices down
b.lower production and drive up prices
c.do nothing, thus allowing the cartel to realise monopoly profits
d.do none of the above
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