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    Microeconomics Study Set 4
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    Exam 11: Monopolistic Competition and Oligopoly
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    A Cartel Is an Organization of Firms in Which There
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A Cartel Is an Organization of Firms in Which There

Question 18

Question 18

True/False

A cartel is an organization of firms in which there is a dominant firm which dictates price and output decisions to the other member firms.

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