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Business, 19.10.2021 14:00 diiamondgraham1

A cartel is Question 6 options: 1) a group of firms that enter into a formal agreement to fix prices to maximize joint profits. 2) a temporary storage facility for automobiles. 3) an example of a group of firms that collectively regulate a competitive industry. 4) a group of firms that enter into an informal agreement to fix prices to maximize joint profits.

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