cartel in economics | BTCC Knowledge

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Understand the economics behind cartels, from drug cartels to OPEC and diamond cartels. Explore oligopolies, duopolies, collusion, and how cartels operate in the market. Learn about the effects of cartels on prices, supply, and demand in the microeconomics context. Get insights from Khan Academy and Lumist on the economics of narco cartels and oligopoly.

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