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    Micro economics 2
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    Exam 2: Principles of Market Structures and Microeconomic Theory
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    ________ Is One Organization Created from a Formal Agreement Between
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________ Is One Organization Created from a Formal Agreement Between

Question 12

Question 12

Multiple Choice

________ is one organization created from a formal agreement between a group of producers of a good or service, to regulate supply in an effort to regulate or manipulate prices.


A) industry
B) firm
C) monopoly
D) cartel

Correct Answer:

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