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Which of these market characteristics are likely to contribute to a more stable and durable cartel arrangement among the firms? (Select all that apply.) Group

Which of these market characteristics are likely to contribute to a more stable and durable cartel arrangement among the firms? (Select all that apply.) Group of answer choices It is relatively easy to monitor the performance of cartel members. There is an effective enforcement or punishment mechanism for firms that violate agreed production quotas. Cartel has many members

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