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QUESTION
Please explain in what way the imperfect cartel, that is a cartel consisting of only some of the firm in a market, is equivalent to the dominant firm...
Please explain in what way the imperfect cartel, that is a cartel consisting of only some of the firm in a market, is equivalent to the dominant firm and the fringe model studied before.
.Please explain in what way the imperfect cartel, that is a cartel consisting of only some of the firm in a market, is equivalent to the dominant firm and the fringe model studied before.Answer:...