Choices for first drop down are \"Market A,\" \"Market B,\" or \"Each will yield

Question

Choices for first drop down are "Market A," "Market B," or "Each will yield the same benefits".

Choices for second are "more elastic" and "less elastic."

Choices for third are "higher price" or "lower price."

Market A Market B Quantity of Goods Quantity of Goods Refer to the market supply and demand models above. In which market would firms gain a greater benefit from cartelizing? The benefits from cartelizing in this market would be greater because market demand is relatively | so firms can charge a

Explanation / Answer

A, MORE ELASTIC, HIGHER PRICE. PLEASE LIKE ANSWER IF YOU WANT ME TO HELP YOU IN FUTURE

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