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Cartel members are motivated to increase production beyond their quotas because they are at a point where, if they can increase their own production without
Cartel members are motivated to increase production beyond their quotas because they are at a point where, if they can increase their own production without affecting the cartel price,
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they are incurring a loss.
their marginal revenue exceeds their marginal cost
their marginal cost exceeds their marginal revenue.
they are earning a profit.
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