According to "Oil Spikes On OPEC Pact," OPEC wants to behave like a monopoly,choosing a rate of industry output that maximizes total industry profit.The challenges for all cartels,OPEC in particular,include all of the following except
A) Preventing some members from decreasing production.
B) Allocating market share.
C) Coordination.
D) Replicating monopoly outcomes.
Correct Answer:
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