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    Business
  3. Study Set
    Microeconomics Principles for a Changing World
  4. Exam
    Exam 10: Monopolistic Competition, Oligopoly, and Game Theory
  5. Question
    A Cartel Is an Oligopoly Model in Which Firms Work
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A Cartel Is an Oligopoly Model in Which Firms Work

Question 8

Question 8

True/False

A cartel is an oligopoly model in which firms work with one another as though they were a single firm.

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