The likelihood of a cartel being successful is greater when
a. firms are producing a di...
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Business, 25.02.2020 22:16 sabrinakholikov
The likelihood of a cartel being successful is greater when
a. firms are producing a differentiated, rather than a homogeneous, product.
b. the number of firms involved is relatively large.
c. cost and demand curves of various participants are very similar.
d. the economy is in the recession phase of the business cycle.
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