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When firms in an illegal market form a cartel, _____. Group of answer choices they are able to supply higher quality products they are able
When firms in an illegal market form a cartel, _____. Group of answer choices they are able to supply higher quality products they are able to increase profits by behaving as a monopolist they rely on goodwill to ensure the stability of the cartel it becomes more difficult for police to detect their activities they face a deadweight loss
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Economic Issues and Policy
Authors: Jacqueline murray brux
6th edition
9781337001977, 1285448774, 133700197X, 978-1285448770
