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    Microeconomics Principles for a Changing World
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    Exam 10: Monopolistic Competition, Oligopoly, and Game Theory
  5. Question
    The Success Rate of Cartels Is Low Because
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The Success Rate of Cartels Is Low Because

Question 222

Question 222

Multiple Choice

The success rate of cartels is low because


A) participation is secretive.
B) the agreed price is too low.
C) cheating is likely to occur due to profit incentive.
D) all cartels are designed to fail.

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