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<pre class="ql-syntax"><span class="hljs-number">1.</span> What conditions

are favorable to the formation <span class="hljs-keyword">and</span> maintenance <span class="hljs-keyword">of</span> a cartel? <span class="hljs-number">2.</span> How <span class="hljs-keyword">do</span> warranties <span class="hljs-keyword">and</span> guarantees act <span class="hljs-keyword">as</span> signals? What economic information problem might they address? </pre>

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Some of the conditions which are favorable to formation and maintenance of the cartel include: Existence of few large firms... View the full answer

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