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(Solved): Question 13 Suppose a cartel is formed by the tomato farmers. Which of the following would increase ...



Question 13 Suppose a cartel is formed by the tomato farmers. Which of the following would increase the ability of this cartel to set output and prices in the domestic market? Highly inelastic demand for tomatoes A high import tariff on tomatoes Acreage restrictions by the government A high supply elasticity for other tomato farmers



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