To increase their individual profits, members of a cartel havean incentive to a.charge a higher price than the other members of thecartel b .increases production above the level agreed upon. c.ignore the choices made by the other firms and act as amonopolist. d.charge the same price a monopolist would charge.

aplaya4lyfeSS1

aplaya4lyfeSS1

Answered question

2022-12-02

To increase their individual profits, members of a cartel havean incentive to
a.charge a higher price than the other members of thecartel
b .increases production above the level agreed upon.
c.ignore the choices made by the other firms and act as amonopolist.
d.charge the same price a monopolist would charge.

Answer & Explanation

Cooper Church

Cooper Church

Beginner2022-12-03Added 9 answers

The ansewer is b .increases production above the level agreed upon.

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