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Business, 10.03.2020 07:27 ssuereichard

In this exhibit (Monopoly Through Collusion), is an illustration of the situation in an industry that consists of two firms facing identical demand curves; the demand curve for each firm is D1. If the firms collude and agree to share the market demand equally, then each firm will act as if its demand curve is given by and the market demand curve is given by .

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In this exhibit (Monopoly Through Collusion), is an illustration of the situation in an industry tha...
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