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    Principles of Microeconomics Study Set 10
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    Exam 17: Oligopoly
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    Once a Cartel Is Formed, the Market Is in Effect
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Once a Cartel Is Formed, the Market Is in Effect

Question 128

Question 128

Multiple Choice

Once a cartel is formed, the market is in effect served by


A) a monopoly.
B) an oligopoly.
C) imperfect competition.
D) monopolistic competition.

Correct Answer:

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