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0 pointsm4632y ago0 comments

If supply < $n/month is zero, what can you do?

doesn't it just anchor prices at $n?

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1 comments · 1 top-level

A perfect cartel does indeed increase prices to the level of the cartel's minimum. But the greater the price difference is between the natural price and the cartel minimum price, the greater the incentive is to break the cartel.

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