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    Economics Today Study Set 1
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    Exam 26: Oligopoly and Strategic Behavior
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    A Member in a Cartel Can Earn More Profits by
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A Member in a Cartel Can Earn More Profits by

Question 8

Question 8

Multiple Choice

A member in a cartel can earn more profits by


A) charging a slightly lower price and raising production.
B) producing less than the agreed rate.
C) selling less than the agreed amount.
D) none of the above.

Correct Answer:

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