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    Microeconomics Study Set 25
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    Exam 14: Oligopoly
  5. Question
    The Fact That the Price Effect for an Oligopolist Is
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The Fact That the Price Effect for an Oligopolist Is

Question 97

Question 97

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The fact that the price effect for an oligopolist is less than the price effect for a monopolist helps explain why firms are likely to cheat on a cartel agreement.

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