Decline in marginal costs for one member of a cartel

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Suppose there is a decline in marginal costs for one member of a cartel. What impact will this have on the incentive of that firm to cheat on the cartel agreement? Explain.

Reference no: EM13836460

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Decline in marginal costs for one member of a cartel : Suppose there is a decline in marginal costs for one member of a cartel. What impact will this have on the incentive of that firm to cheat on the cartel agreement? Explain.
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