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Author Question: If firms in an oligopolistic industry successfully collude and form a cartel, what price and output ... (Read 154 times)

Anajune7

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on: May 24, 2019
If firms in an oligopolistic industry successfully collude and form a cartel, what price and output will result?
◦ the monopoly price and output
◦ the competitive price and output
◦ the monopolistically competitive price and output
◦ a price higher than the monopoly price and, because there is more than one firm in the industry, more output than the monopoly amount
◦ a price lower than the competitive price and, because there are only a few firms in the industry, less output than the competitive amount
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Marked as best answer by Anajune7 on May 24, 2019

memslove

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Reply #1 on: May 24, 2019
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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Anajune7

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Reply #2 on: May 24, 2019
TY


memslove

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Reply #3 on: May 24, 2019
You're welcome


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