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    Microeconomics Private and Public Choice Study Set 1
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    Exam 11: Price-Searcher Markets With High Entry Barriers
  5. Question
    Use the Figure to Answer the Following Question(s)
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Use the Figure to Answer the Following Question(s)

Question 3

Question 3

Multiple Choice

Use the figure to answer the following question(s) .
Figure 11-14 Use the figure to answer the following question(s) . Figure 11-14   -What quantity would the industry depicted in Figure 11-14 produce if member firms were successfully colluding? A)  Q<sub>1</sub> B)  Q<sub>2</sub> C)  Q<sub>3</sub> D)  Q<sub>4</sub>
-What quantity would the industry depicted in Figure 11-14 produce if member firms were successfully colluding?


A) Q1
B) Q2
C) Q3
D) Q4

Correct Answer:

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