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Consider a market with 4 firms. If all 4 firms enter into a cartel arrangement, then the demand curve facing the cartel is: A. identical
Consider a market with 4 firms. If all 4 firms enter into a cartel arrangement, then the demand curve facing the cartel is:
A. identical to the monopolist's demand curve
B. Perfectly elastic
C. Perfectly inelastic
D. The marginal revenue curve
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