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  3. Study Set
    Principles of Microeconomics
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    Exam 14: Oligopoly
  5. Question
    A Cartel Is a Group of Firms That ________ to Make
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A Cartel Is a Group of Firms That ________ to Make

Question 43

Question 43

Multiple Choice

A cartel is a group of firms that ________ to make price and output decisions.


A) implicitly colludes
B) act independently
C) explicitly colludes
D) are unable

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