Carson Bell and Renee Dohr own the only two firms in the United States that sell a unique herbal vitaminsupplement that has no close substitutes. They plan a secret meeting at the National Zoo in Washington,DC, to form a cartel in order to increase their profit.
-How do they determine the price of their good?

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The Answer of Carson Bell and Renee Dohr own the only two firms in the United States that sell a unique herbal vitaminsupplement that has no close substitutes. They plan a secret meeting at the National Zoo in Washington,DC, to form a cartel in order to increase their profit.
-How do they determine the price of their good?

Carson Bell and Renee Dohr Own the Only Two Firms