A cartel is an oligopoly model in which firms work with one another as though they were a single firm.

Name: A cartel is an oligopoly model in which firms work with one another as though they were a single firm.
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A cartel is indeed an oligopoly model where independent firms work together, coordinating their actions (like setting prices or output levels) as if they were a single entity to maximize collective profits, often at the expense of competition.

A Cartel Is an Oligopoly Model in Which Firms Work