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In 1998, five companies were found guilty of collusion because of their actions to raise the price of an aimal feed additive, lusine, ny limiting
In 1998, five companies were found guilty of collusion because of their actions to raise the price of an aimal feed additive, lusine, ny limiting its supply.Explain why they would engage in such a practice with the use of a graph. Assume that the demand for lysine is inelasic in the short run.
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