=+a. Suppose the two firms form a cartel and act as a monopolist. Calculate marginal revenue for

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=+a. Suppose the two firms form a cartel and act as a monopolist. Calculate marginal revenue for the cartel. What will the monopoly price and output be? Assuming the firms divide the output evenly, how much will each produce and what will

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Economics

ISBN: 9781319066604

5th Edition

Authors: Robin Krugman, Paul Wells

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