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When a cartel member produces more than the agreed-upon quota, the net gain for that firm is calculated as the revenue earned from O producing

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When a cartel member produces more than the agreed-upon quota, the net gain for that firm is calculated as the revenue earned from O producing more output minus the revenue lost from a lower market price. O producing more output divided by the revenue lost from a lower market price. O a higher market price minus the revenue lost from producing more output. O a higher market price plus the revenue earned from producing more output

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