) Discuss three parameters for firms operating in an oligopoly market.  b) Even when allowed to collude, firms in an oligopoly will choose to cheat on their agreements with the rest of the cartel. Why?

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Chapter15: Oligopoly And Strategic Behavior
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a) Discuss three parameters for firms operating in an oligopoly market. 
b) Even when allowed to collude, firms in an oligopoly will choose to cheat on their agreements with the
rest of the cartel. Why?

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