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11. A major reason that firms form a cartel is to A.) reduce the elasticity of demand for the product. B.) enlarge the market share for each producer. C.) minimize the costs of production. D.) maximize profits by eliminating competition.

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11. A major reason that firms form a cartel is to A.) reduce the elasticity of demand for the product. B.) enlarge the market share for each producer. C.) minimize the costs of production. D.) maximize profits by eliminating competition.
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