Social Studies
Social Studies, 28.08.2019 16:20, ashl3yisbored

Which of the following conditions can prolong the life of a cartel? a. there are many firms in the market that are not members of the cartel. b. there are only a few firms in the market and they all belong to the cartel. c. the cartel has no ability to punish members who cheat on the cartel. d. it is difficult to know what price any cartel member is actually charging.

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Which of the following conditions can prolong the life of a cartel? a. there are many firms in the...

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