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A cartel is
A cartel is a grouping of producers that work together to protect their interests.
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Asked 11/14/2013 12:18:30 PM
Updated 11/24/2017 3:14:35 PM
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Edited by Masamune [11/24/2017 3:14:27 PM]
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A cartel is a grouping of producers that work together to protect their interests.

Added 11/24/2017 3:14:35 PM
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If both income and substitution-effects are strong, this region of the demand curve must be a) Relatively price elastic b) relatively price inelastic c) unit-elastic d) perfectly inelastic e) perfectly elastic
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Updated 9/8/2015 3:01:57 PM
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If both income and substitution-effects are strong, this region of the demand curve must be: relatively price elastic.
Added 9/8/2015 3:01:57 PM
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Confirmed by jeifunk [9/8/2015 8:56:19 PM]
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