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Review the following graphic and information to determine where you would classify the NBA in terms of a market structure. Where does the NBA fall
Review the following graphic and information to determine where you would classify the NBA in terms of a market structure. Where does the NBA fall in regards to market structures? Why do you think that? Is the NBA a cartel? How are they different than a "collusive oligopoly?" What is the goal of acting like a cartel? How does acting like a cartel benefit the NBA? What does that allow them to control? How does maintaining a "shortage" and minimal expansion benefit the cartel
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