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Business, 02.12.2021 05:00 bertha4082
Cartels are inherently unstable because:
a. any one firm can make additional profits by selling additional output at a price below the marginal cost.
b. of the disincentive to cheat.
d. firms behave like perfectly competitive firms and price at the market price.
d. any one firm can make additional profits by selling additional output at a price above the marginal cost.
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Cartels are inherently unstable because:
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