Does opec fit the oligopoly model
Discussion:
• Does OPEC fit the oligopoly model? Why or why not?
• What problems do cartels face in getting all members to cooperate? Which specific problems are important for OPEC?
• What issues impact the ability of a cartel to be successful?
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Does OPEC fit the oligopoly model? Why or why not?What problems do cartels face in getting all members to cooperate?
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