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QUESTION
re would you estimate the equilibrium price was during the price-fixing schemes (at 10 percent below the list or "book" price? 30 percent? 60 percent?...
- Where would you estimate the equilibrium price was during the price-fixing schemes (at 10 percent below the list or "book" price? 30 percent? 60 percent?). Identify the conditions within GE and within the industry which encouraged the price-fixing schemes.
