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    Microeconomics Study Set 45
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    Exam 14: Oligopoly and Strategic Behavior
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    A Cartel Is
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A Cartel Is

Question 215

Question 215

Multiple Choice

A cartel is


A) a form of covert collusion.
B) legal in the United States.
C) always successful in raising profits.
D) a formal agreement among firms to collude.

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