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Author Question: In which of the following cartels is total cartel profit likely to be the highest? A) a cartel ... (Read 165 times)

scienceeasy

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on: Jun 29, 2018
In which of the following cartels is total cartel profit likely to be the highest?
 
  A) a cartel made up of firms of various sizes each producing the same quantity of a differentiated product
  B) a cartel made up of identical firms each producing the same quantity of a homogeneous product
  C) a cartel made up of equal sized firms each producing different quantities of a differentiated product
  D) a cartel made up of firms of various sizes each producing different quantities of a homogeneous product

Question 2

A monopolistically competitive firm can increase its profits beyond the long-run equilibrium break-even level by deliberately lowering its price to force some of its competitors out of the market.
 
  Indicate whether the statement is true or false
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lin77x

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Reply #1 on: Jun 29, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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scienceeasy

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

cpetit11

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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