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    Economics Today Study Set 1
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    Exam 26: Oligopoly and Strategic Behavior
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    In a Cartel, Firms Jointly Act as
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In a Cartel, Firms Jointly Act as

Question 163

Question 163

Multiple Choice

In a cartel, firms jointly act as


A) a monopolistic competitive firm.
B) a perfectly competitive firm.
C) a monopoly firm.
D) an oligopolistic firm.

Correct Answer:

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