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The figure above shows a market that a cartel controls. If the firms in the cartel produce ________ units, they will ________. 10; maximize joint
The figure above shows a market that a cartel controls. If the firms in the cartel produce ________ units, they will ________. 10; maximize joint profits 5; maximize joint profits 5; minimize joint costs between 5 and 10; generate an efficient outcome 10; create a deadweight loss
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