Oligopoly: Cartel and Collusion (Explicitly Explained) in 5 MINS | Microeconomics Lumist

In just 5 minutes, you can learn to solve the problem of Oligopoly: Cartel & Collusion
Through this course, you can gain：
1.A cartel is a group of independent market participants who collude with each other in order to improve their profits and dominate the market.
2.Cartel is not stable, the outcome is always a non-cooperative one

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