Multiple Choice
An employer's cartel will seek to:
A) restrict the employment of the input and lower its price below its marginal revenue product.
B) restrict the employment of the input and raise its price to the marginal factor cost.
C) decrease the price of the input by employing more units of the input.
D) restrict the employment of the input and increase its productivity.
Correct Answer:

Verified
Correct Answer:
Verified
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