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If firms manage to form a cartel, how would they set their supply decision? Group of answer choices They set industry price equal to industry

If firms manage to form a cartel, how would they set their supply decision? Group of answer choices They set industry price equal to industry marginal cost They set industry marginal revenue equal to industry marginal cost It does not matter because a cartel always earns positive economic profits due to the lack of competition They set industry price equal to industry average total cost

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